The Russian rouble suffered its biggest intraday fall of the year on Friday, tumbling to the lowest levels against the dollar and euro since April last year in the face of a foreign currency crunch in Moscow and the sale of Western businesses in Russia. The rouble nosedived to 113 to the dollar after President Vladimir Putin ordered the invasion of Ukraine in February 2022, though the Russian central bank and finance ministry stabilised the currency and it strengthened to 50 per dollar in July.
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