The Russian currency has continued to strengthen against the dollar and the euro in spite of sanctions The ruble soared on the Moscow Exchange on Tuesday, setting new highs against the dollar and the euro. The rally comes as Russia’s central bank has restored its key interest rate to pre-war levels. The Russian currency briefly touched 55.63 rubles to the dollar on Tuesday, its strongest exchange rate against the US currency since February 2018. The ruble was also trading below 58 against the euro, close to a seven-year high reached in May. The Russian currency gave up some of the gains later in the session. The c
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