INSUBCONTINENT EXCLUSIVE:
Russian authorities will no longer try to prevent the ruble from falling past 100 against the U.S
introduced capital controls to limit the impact of Western sanctions, surging energy prices and a collapse in imports
of 100 against the dollar amid the outbreak of war.But the ruble began trading with more volatility in 2023 as Europe halted Russian oil and
gas imports and the G7 imposed a price cap on Russian seaborne crude oil and petroleum products
The Central Bank last raised rates to that level as an emergency measure soon after the full-scale invasion.
