Russian ruble plunges nearly 30% against dollar amid sanctions over Ukraine conflict

Russian ruble plunges nearly 30% against the dollar amid sanctions over Ukraine conflict. The Bank of Russia said it raised the rate to 20% from 9.5% to help cushion the impact of the rouble's slide. European markets fell amid fears over financial stability, with London's FTSE 100 down more than 1% and Paris and Frankfurt about 2% lower. The price of crude oil jumped 4.5%, and the dollar and gold rose as investors sought safer places to put their money. It came as the UK, along...