Russian Ruble Falls After President Putin Announces New Strategy

Objectivity 4.3 | Credibility 4.4 | Relevance 4.7

The Russian ruble falls following President Vladimir Putin’s threats to use nuclear weapons and announcement of plans to call up 300,000 extra troops. Russia’s currency fell to 62.45 in trading early Wednesday despite previously reaching best-performing currency against the U.S. dollar. “Russia also has many types of weapons of destruction, the components of which in some cases are more modern than those of the countries of NATO,” President Putin stated.