You're reading: Reuters: Putin ends army exercise, Russian markets rally despite Ukraine tension

President Vladimir Putin ordered troops involved in a military exercise in western Russia back to base on Tuesday in an announcement that appeared intended to ease East-West tension over fears of war in Ukraine.

Russian financial markets rebounded after sharp
falls on Monday, and the euro and dollar rose in Japan, though Moscow’s
forces remained in control of Ukraine’s Crimea region, seized
bloodlessly after Russian ally Viktor Yanukovich was ousted as Ukrainian
president last month.

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