Russia Denies Meddling in Ruble as Investors Pin Slump on Trump

  • Central bank defends free float as U.S. sanctions hit currency
  • Ruble outlook may hinge on whether more penalties will follow

Photographer: Andrey Rudakov/Bloomberg

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To an already long list of American grievances against Russia, President Donald Trump added a new item this week: Currency manipulation.

Russian pushback began in Washington.