Russian ruble roiled by Trump missile threat, US sanctions
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April 12, 2018
MOSCOW (AP) — The Russian ruble fell and then recovered ground Wednesday after being shaken by U.S. sanctions and President Donald Trump's threatened missile strike on Syria.
The ruble fell 2 percent against the dollar in morning trading in Moscow and dropped to its lowest point since 2016 after Trump tweeted that missiles "will be coming."
However, the currency bounced back and by evening traded slightly down on the day at 62.8 to the dollar.
The euro traded at around 77.7 in the early evening after going above 80 earlier in the day.
U.S. sanctions imposed Friday barred U.S. citizens fro...
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