Ruble crashes further as Wagner's Prigozhin is said to be back in Russia

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Ruble crashes further as Wagner's Prigozhin is said to be back in Russia
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Ruble crashes further as Wagner's Yevgeny Prigozhin is said to be back in Russia after mutiny

extended its tumble Thursday as the leader of last month's mutiny was said to be back in Russia despite an agreement to keep him out of the country.

The ruble fell as much as 3% to tumble past 93 per dollar, hitting the lowest level since March 2022 and extending its year-to-date losses to 25%.has returned to RussiaHe added that it was unclear whether Wagner fighters were to come to Belarus, another stipulation in the deal made after the uprising. This is a decision to be determined by Moscow, Lukashenko said.

Prigozhin could reignite doubts about the stability of Vladimir Putin's regime, which has been weighing on the ruble. Since Wagner staged its mutiny two weeks ago, the currency has lost 10% against the dollar. Political uncertainty over political stability in Russia had already caused the ruble to breach the Kremlin's own"While Russian capital controls have shielded the ruble somewhat from

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