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Russian stocks slumped after Moscow sent troops in eastern Ukraine

The rouble rebounded from its lowest status in almost two years to enhance in erratic trading while Russian stocks declined on Tuesday after Moscow sent armies to 2 breakaway areas in eastern Ukraine after recognising them as a dominant.

Putin’s statement on Monday brought out sudden worldwide denunciation and the West is directly wanted to declare openly new collaborative embargoes against Russia.

These could target main economic organizations and block Russia’s admission to electronics supplies or curb the undertakings of its energy companies.

The rouble weakened to 80.97 against the dollar before bouncing to sit 0.9 per cent elevated at 79.05. That reanimation arrived as Russia told it would only recognise the nations’ sovereignty within the barriers that the Moscow-backed separatists nowadays supervision, and as Ukrainian President Volodymyr Zelenskiy took advantage of the chance of a large-scale confrontation with Russia.


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