Russia's rouble has plunged even further against the pound and dollar today as its biggest lender Sberbank shut down its European arm after 'abnormal' amounts of money started pouring out following the . The bank has lost 97% of its value on its listing in the past fortnight and has told shareholders that significant 'cash outflows' have damaged the business outside Russia.Its bosses in Moscow said its subsidiaries in Europe were also facing an 'a threat to the safety of employees and branches', according to Russian news agencies.
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