The Russian currency had previously slumped to its weakest level since March 2022 The sliding Russian currency reversed losses late on Monday, rising back to the strong side of 100 against the US dollar, after the country’s central bank announced an extraordinary policy meeting set for Tuesday. The ruble was trading 0.8% higher at 98.5 against the US dollar and at 107 to the euro at 5:44pm local time in Moscow. Earlier in the day, the ruble hit a 16-month low of 101 and 111, respectively. The rebound follows an announcement by the Bank of Russia that it had called an emergency key rate meeting for Tuesday, vowin
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