Bloomberg: Tensions in Crimea make ruble fall

Source : 112 Ukraine

Russian assets might be hurt again if the Kremlin ignites new conflict in Crimea or adds fuel to the fire in Donbas, analysts say
14:53, 12 August 2016


As the situation on the border between Ukraine and the occupied Crimea remains tense, Russian economy gets hurt again. Bloomberg reports that the Russian currency, ruble, weakens, and the credit risk grows – given the apparently growing presence of Russian troops in Crimea, ergo – the risk of some sort of military actions in the region.

Read the full article here.

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Related: U.S. urges Russia, Ukraine to ease situation in Crimea

Related: OSCE, UN and Red Cross send official request to enter Crimea, - Yelchenko

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