Russia’s ruble tanked yet again against the dollar on Friday, just a day after President Putin claimed the sanctions-hit country's economic situation was “stable.”.
The Russian currency fell by as much as 101.46 rubles to the dollar in morning exchanges before paring down some losses, AFP reports.
The ruble crossed the psychological threshold of 100 to the dollar on the Moscow financial exchange on Tuesday, a level it briefly hit in August.
It rose again midweek but resumed its fall late on Thursday, just as Putin was speaking at the Valdai political conference in the Black Sea resort of Sochi.
“We have overcome all the problems that emerged after the implementation of sanctions against us and we have started a new stage of development,” Putin said.
Putin has criticized investigators for not conducting alcohol and drug tests on Prigozhin and the nine other victims of the crash.
He also alleged that five kilograms of cocaine were found at the Wagner offices after the mercenary group's short-lived rebellion. »
