The Russian currency is still stronger than it was prior to the military operation in Ukraine The Russian ruble dropped to a nearly nine-month low against the US dollar on the Moscow Exchange on Monday, following volatile trading last week and expectations of new EU sanctions. The currency slipped to 73.68 rubles to the US dollar in afternoon trading, the weakest rate since the end of April. Analysts expect the ruble to remain under pressure until the end of February, when exporters will begin converting their foreign currency earnings into rubles to pay taxes. The ruble’s depreciation versus the dollar and the eu
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