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The Russian stock market and the ruble collapsed this morning to the borders established by the Moscow Exchange against the background of the start of a special military operation of the Russian troops in the Donbass.
The dollar rate soared to 85 rubles, the rate of the single European currency – to a level above 95 rubles, and the auction is now actually not held, RIA Novosti reports.
Recall, on February 24, Russian President Vladimir Putin made an emergency appeal to the Russians and announced a special military operation in the Donbass. In his speech, he stated that “circumstances require decisive action from Russia” and stressed that “Russia will not allow Ukraine to have nuclear weapons.”
According to the Russian president, the plans of the Russian Federation “do not include the occupation of Ukrainian territories,” however, “the Russian Federation considers it important that all the peoples of Ukraine can exercise the right of self-determination.”
Reacting to the Kremlin’s decision, US President Joe Biden, in a special statement, called Russia’s attack on Ukraine unprovoked and unjustified and promised to hold it to account.
For his part, UN Secretary-General António Guterres urged Putin to “stop the soldiers” from attacking Ukraine and give peace a chance.
Source: Rosbalt

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