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Russia’s Markets under Pressure amid Navalny Scandal, Fears of Second Coronavirus Wave

  • 21 Sep 10:10

Russian financial markets remain under pressure as talk of sanctions in response to the poisoning of leading Kremlin critic Alexei Navanly ramps up and fears of a second coronavirus wave knock oil prices. The Russian ruble is still trading at around its lowest level against the dollar since the height of the pandemic in May, and the Russian stock market has been one of the world’s worst performers over the past month,The Moscow Timesreported. EU leaders — including German chancellor Angel Merkel — are pressuring Russia to launch a “full and transparent” investigation into the poisoning of Navalny with Novichok, a military nerve agent also. Read more...