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Ukraine-Russia Conflict: Ruble has fallen in value, worth less than one cent after sanctions in Russia, claims US

By Lokmat English Desk | Updated: March 1, 2022 11:04 IST

US state department spokesperson Ned Price on Tuesday spoke about the effects of sanctions imposed by western nations on ...

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US state department spokesperson Ned Price on Tuesday spoke about the effects of sanctions imposed by western nations on Russia. Ned on Twitter said, "We’re already starting to see effects of sanctions on Russia.1. Ruble has fallen in value, worth less than one cent2. S&P downgraded Russia’s sovereign debt to “junk” status3. Russian stock market is closed until at least March 5."

The war between Russia and Ukraine has been going on since Thursday morning. Russian forces not only infiltrated the Ukrainian border but also bombed largely populated areas. After seizing control of some Ukrainian cities, the Russian military is now trying to capture the capital, Kyiv. This has increased the threat to the city of Kyiv. Meanwhile, some satellite photos have surfaced. Of which 64 km on the roads of Ukraine. A long line of Russian troops is visible. Satellite photos show Russia taking an aggressive stance.

Russia is preparing for a final major attack on the Ukrainian capital, Kyiv. The photos were shared on Monday by American satellite imaging company Maxar Technology. For the past three days, Russian troops have been attacking the Ukrainian capital, Kyiv. But the Ukrainian army is determined to fight to the last. So now there is a possibility of a major attack by increasing the number of Russian troops. According to reports, the convoy includes Russian troops, weapons and sophisticated vehicles.

Tags: Russia Ukraine conflict
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