Home POLITICS Russia announces withdrawal of troops from border, markets react quickly to the news

Russia announces withdrawal of troops from border, markets react quickly to the news

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Russian troops are reportedly being moved away from the Ukrainian border, raising hopes of possible de-escalation after Russia’s foreign minister said diplomacy was “far from exhausted” the news.

Units of the Southern and Western military districts that have completed their missions have already begun boarding rail and automobile transport and will begin relocating to their garrisons today. Separate units will march on foot as part of military convoys. A number of combat training exercises, including drills, have been conducted as planned. A number of combat training exercises, including drills, have been conducted as planned. The Russian Armed Forces are continuing a range of large-scale exercises for operational training of troops and forces. Practically all military districts, fleets and the Airborne Troops are taking part. The Russian Armed Forces are continuing a range of large-scale exercises for operational training of troops and forces. Practically all military districts, fleets and the Airborne Troops are taking part.

Russian Defence Ministry spokesman Igor Konashenkov.

Coming after days of dire warnings of an imminent invasion has had an immediate effect on global markets. and, markets have calmed in response to the news, the BBC reports.

The Russian rouble has also strengthened against the dollar and euro in response to the news from the Russian military.

“The absence of armed action on the Ukraine border and indications about the willingness to talk seem sufficient to soothe market nerves,” said Michael Leister, head of interest rates strategy at Commerzbank.

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