Rouble pares losses after slumping to 15-month low
Mercenaries led by Yevgeny Prigozhin withdrew from the southern Russian city of Rostov-on-Don overnight on Saturday under a deal that halted their rapid advance on Moscow but left questions about President Vladimir Putin's grip on power. Monday's initial drop came as demand for foreign currency shot up over the weekend, when Russian banks had offered exchange rates well above the official rate beyond 90 to the dollar.
The Insiders
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Mercenaries led by Yevgeny Prigozhin withdrew from the southern Russian city of Rostov-on-Don overnight on Saturday under a deal that halted their rapid advance on Moscow but left questions about President Vladimir Putin's grip on power. Monday's initial drop came as demand for foreign currency shot up over the weekend, when Russian banks had offered exchange rates well above the official rate beyond 90 to the dollar.
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