The ruble looked set for its steepest one-day fall since the Russian financial crisis of 1998 on Dec. 1, plunging about 4 percent as oil prices slid below $70 a barrel and Russian assets nosedived across the board.
Russia's War Against Ukraine
Reuters: Ruble heading for biggest one-day fall since 1998 as oil drops below 70 dollars
Pedestrians walk under a board listing foreign currency rates against the Russian ruble outside an exchange office in central Moscow on Dec. 1.
