Worth a fraction of a penny now, the ruble has fallen to lows not seen since March 2022 in the early days of the war against Ukraine.

By Ben Aris in Berlin It’s not often you get to describe central banking decisions as “wild”, but some of the choices being made in Moscow at the moment are completely out of the box. The famed macro-economic management team are making some extreme choices in what may be one of the most audacious experiments ever.