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Russian assets plummet after Putin declares right to invade Ukraine
March 3, 2014 / 6:10 AM / 4 years ago

Russian assets plummet after Putin declares right to invade Ukraine

MOSCOW, March 3 (Reuters) - The Russian rouble fell 2.5 percent to an all-time low of 36.5 roubles against the dollar at the opening of exchange trading on Monday, while the MICEX index of Moscow stocks fell 5 percent to 1,369 points.

Analysts had predicted that Russian financial markets would see large falls on Monday after President Vladimir Putin received parliamentary approval to deploy Russian troops in Ukraine.

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