Ruble sinks 26% after SWIFT sanctions against Russian banks

The ruble plunged to a record low of less than 1 US cent in value Monday after Russia was cut off from the global bank payments system in retaliation for Moscow's invasion of Ukraine. The Russian currency dropped nearly 26% to 105.27 per dollar, down from about 84 per dollar late Friday. https://ift.tt/9jaUKbg