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Ruble is currency most protected from sanctions, Central Bank official says

March 26, 2014, 17:28 UTC+3 MOSCOW
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MOSCOW, March 26. /ITAR-TASS/. First Deputy Governor of the Central Bank of Russia Ksenia Yudaeva said on Wednesday “the Russian ruble is the currency most reliable from the point of view of protection from sanctions.”

This week the Russian ruble has been growing since Monday. On Wednesday, at the Moscow Interbank Currency Exchange it grew to the dollar by 11 kopecks to 35.45 rubles. The dollar slumped lower than 35.5 rubles for the first time since the end of February.

On March 21, U.S. President Barack Obama imposed sanctions against Russian business after Russia signed the agreement on the accession of the Republic of Crimea and Sevastopol.

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