Russia’s currency rose to its strongest level against the dollar in two years as negotiators arrived in Turkey for what are expected to be the first direct talks between Moscow and Kyiv since 2022 and domestic appetite for foreign-currency dropped.

June 15, 2024: Representatives of 92 nations meet in Nidwalden, Switzerland, to discuss Ukraine’s peace plan. Despite the growing number of delegates, a consensus remains elusive. The summit’s final statement is backed by most – although not all – participants.