Page 70 - Ruble News Today

The u.s. financial system. this cuts at this 630 billion of foreign currency reserves that russia currently holds. those funds were expected to be used to prop up what we have seen now which is a plummeting ruble, russias currency. now they wont be able to do that. senior administration official says on a call that, quote, fortress russia will be exposed as a milgt saying no country is sanctions-proof. these actions taking effect immediately. they were announced by the u.s. before markets here o...

In russia. the russian people are wake up to find out the ruble has lost 25% of its value overnight as a result of those swift bank sanctions levied by western nations including the united states. vladimir putin has always been a master of propaganda. but in this day of social media i wonder how well hes able to sell this invasion to the russian people. >> i think there are two numbers you have to track in this. he especially controls the state tv and that can brainwash a lot of people. the numb...

And missiles. in addition, the commerce department says it will ban both countries from importing oil and gas extraction equipment, while sanctioning groups that have supported these countrys military. previously image posed sanctions on russian technology ex ports extended to belarus which is accused of quote enabling putins invasion. joining us to talk about this washington correspondent, our friend ann marie. great to see you. lets start with the sanctions. just how big of a toll have these...

Financial and price stability and protect the savings of citizens from depreciation. so, lets talk more about all of this with cnns eleni giokos. she joins us now live from dubai. good to see you, eleni. tough sanctions hitting russias ruble. the central bank responding by more than doubling its key interest rate. but the rest of the world is feeling some pain as well, of course. so where is all this going and what is the real impact in the end? >> reporter: absolutely. i mean, look, the centr...

To television to thank the russian troops. linsey, the ruble has been dropping fast against the dollar. but when money markets open tomorrow, it could plummet, causing real panic. a former central bank official here said it could be a catastrophe. >> james, thank you. and now we return to the humanitarian crisis that is rapidly unfolding, families with nowhere to go. carrying just a suitcase and the clothes on their backs. many simply looking for a place to stay. the u.n. is now raising the es...

New york stock exchange and nasdaq halting business with -- decimating the ruble. fox news contributor brian brenberg is here. quick econlesson, explain how this hurts putin? >> brian: a bunch of things hurt putin, piggest on central banks. world is saying you will not get reserve out of the central bank. that is huge. that is how he was going to keep financing. the world says you are not going to get that money. putin is struggling on that market. halting trade is part of tightening the screw o...

Money transfer to absolutely enable payments of all different kinds. is it for commercial banks and businesses. when nay jump in on an everyday basis they are able to make sure they can conduct business. however by kicking off these russian banks. some of them again not all there are few loopholes at the little disappointed people say hit it hard that you could have a very serious reaction with the ruble and a descent into what could be cast on the streets of russia as people try to get their mo...

Rightfully so ukraine has been praised for its stiff resistance so far, but there is still a lot of force not in the fight from russia. a 3-mile long column of tanks and artillery is making its way and that could change the situation on the ground. >> it seems, in russia this isnt playing so well with the russian people. >> russian military finally admitted its first casualty without giving a specific figure, the ruble has taken a hard hit. about 40% of its value. if you had rebels in the bank t...

Closing in airspace to russian aircraft. banning transactions with the russian central bank and booting russia today and sputnik from broadcasting in the 27 countries that make up the european union. sunday, the united states, eu, uk and canada also announcing that some russian banks would be excluded from the swift payments system. that news rattled the markets, we can the russian ruble. russian central bank calling for calm as they try to stave off a run on the banks. im joined now by nbc fore...

It says central bank sanctions can bankrupt the entire russian banking system and push the ruble into worthlessness. how close are you to that? ? >> thats not our -- our goal is not to impoverish the russian people. what president putin is doing is an act of war. he can never bring back the lives that are lost. we always have the option to dekaes late our measures. our efforts are strategic choice. and we can change our strategic calculus at any moment, either through economic sanctions being re...