Ruble jumps to five-month high ...News

The Russian currency has been bolstered by a recent key rate hike and increased sales of foreign earnings by exporters The Russian ruble continued to strengthen against major currencies on Tuesday, surging to a five-month high, trading data from the Moscow Exchange (MOEX) showed. The currency rose to 90.5 rubles to the US dollar as of 15:30 GMT, its highest exchange rate to the greenback since July 28. The ruble also gained against the euro, trading at around 98 rubles to the Eurozone currency, also the highest rate in five months. The ruble has strengthened by almost 7% over the past month. Analysts have linked t

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