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.