Russia crisis: how much have sanctions hurt Moscow?

Analysts estimate sanctions have cost Russia $140bn this year and Moscow's ultra-rich $51.4bn

A woman walks past a board listing foreign currency rates outside an exchange office in central Moscow
(Image credit: KIRILL KUDRYAVTSEV/AFP/Getty)

The Russian economy moved closer to the brink yesterday after "shock and awe" action by the central bank, which raised interest rates to 17 per cent, failed to stem the decline of the Russian rouble.

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