US State Department spokeswoman Ned Price says the effects of Western sanctions on Russia can already be seen. He mentioned that the ruble has depreciated by less than a cent, and that the Russian stock market has closed for the next five days.
“We’re already starting to see effects of sanctions on Russia.
- Ruble has fallen in value, worth less than one cent
- S&P downgraded Russia’s sovereign debt to “junk” status
- Russian stock market is closed until at least March 5”, Price wrote…
