Russian mutiny sparks Ruble drop and oil price uncertainty.
TL;DR Summary
The Russian ruble fell as much as 3% against the dollar on Monday, hitting its lowest level in 15 months, following the Wagner Group's march on Moscow over the weekend. The mutiny caused Russian demand for foreign currencies to jump to 70%-80% in some regions, with banks cutting their ruble exchange rates to over 100 per dollar. The ruble was also exchanged for tether, a dollar-pegged cryptocurrency, causing trades to rise by almost $15 million on Saturday.
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- Mutiny sends Ruble to lowest in 15 months FXStreet
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