Russian Assets Plummet as Putin Orders Russian Troops to Eastern Ukraine

Russian Assets Plummet as Putin Orders Russian Troops to Eastern Ukraine
A Ukrainian service member walks along fighting positions on the contact line with Russian-backed separatist rebels near the town of Avdiivka in Donetsk Region, Ukraine, on Feb. 13, 2021. Oleksandr Klymenko/Reuters
Nicholas Dolinger
Updated:
Analysis

The Russian stock market has plummeted in recent days, anticipating Russian president Vladimir Putin’s diplomatic recognition of Ukrainian separatist regions and the announced deployment of Russian troops.