FORTUNE: In a bid to stave off red-hot inflation, Russia's central bank halted all foreign currency purchases for the remainder of the year, while actively selling Chinese yuan, in hopes of propping up the ruble. The ruble—currently worth a fraction of a penny—hit lows on Wednesday not seen since the start of the Ukraine war. The aim is to put a floor underneath the ruble and clamp down on further price pressure leaking into th...

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