Russian firms and rouble hit heavily by Trump sanctions
by Sean Farrell from on (#3MA05)
Rouble suffers biggest daily fall for over three years and shares in Oleg Deripaska's firms slump
The Trump administration's new sanctions on Russian oligarchs and top government officials began to bite on Monday as the rouble suffered its biggest daily fall in more than three years, the main Russian stock index slumped and investors dumped shares in businesses controlled by Oleg Deripaska.
Russia's currency briefly dipped more than 4% before recovering slightly to trade at 60.42 to the dollar on Monday evening, down 3.8%, its biggest daily percentage fall since January 2015.
Related: Trump administration hits 24 Russians with sanctions over 'malign activity'
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