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The Moscow Stock Exchange experiences a significant selloff, leading to the activation of circuit breakers twice within three hours. The Russian ruble reaches a historic low of ₽89.98 per US dollar. Meanwhile, the National Bank of Ukraine pegs the official hryvnia rate to the US dollar at ₴29.25, imposes restrictions on foreign currency purchases in the interbank market, and introduces cash withdrawal limits. Additionally, the central bank halts all transactions with Russian accounts and provides unlimited short-term liquidity loans to banks.
Wednesday, 23 February, 2022