RUSSIA UKRAINE CRISIS ECONOMY RUBLE

The ruble fell to a record low amid the aggravation of the situation around Ukraine

epa09712397 A man walks in front of an exchange office with an electronic panel displaying currency exchange rates for US dollar and euro against Russian ruble in Moscow, Russia, 27 January 2022. The collapse of the ruble has been observed since the beginning of January 2022 due to the aggravation of the situation around Ukraine. Strategists at the American bank JPMorgan Chase urged their clients to abandon long-term investments in the Russian currency due to the growing uncertainty due to the growing tensions around Ukraine. In December 2021, the Russian Foreign Ministry published draft agreements between the Russian Federation and NATO and the United States on security guarantees. The document says that the United States should not create military bases in the territories of the former Soviet Union countries that are not members of NATO. The Russian Foreign Ministry 26 January received a response from the United States and NATO on security guarantees. EPA/MAXIM SHIPENKOV

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