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A slew of economic sanctions has caused the rouble to plummet to a record low.

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That reaction suggests Washington’s ban on U.S. investors buying new Russian rouble bonds – OFZs as they are known – is being perceived as yet another annoyance for a market that’s coped for years with sanctions risk. Investors had feared “nuclear” options such as barring U.S. firms completely from rouble debt or cutting Russia out of international money-transfer systems. Those may yet come to pass. But for now, U.S. funds can buy the bonds in secondary markets, which is what most ...

Analysis: No knockout, but new U.S. sanctions add to Russias slow destruction By Marc Jones, Sujata Rao and Tom Arnold Reuters LONDON (Reuters) - For all the insouciance with which markets treated Washingtons latest sanctions on Russia, its move to target Moscows main funding avenue - the rouble bond market - has in some ways, crossed the Rubicon, potentially with far-reaching consequences. Drawing on experiences of sanctions imposed previously, including after the 2014 Ukraine crisis and t...