Rouble slumps by 30% against USD
The rouble has slumped by 30% against the US dollar, after Western nations announced new sanctions against Russia over its invasion of Ukraine.
The new record low for the Russian currency comes after some of the country’s banks were banned from using the Swift international payment system.
On Sunday, Russia’s central bank appealed for calm amid fears that there could be a run on the country’s banks.
Growing tensions also helped push Brent crude oil above $100 (£75) a barrel.
