Ruble retreats as central bank eases capital controls ...News

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Ruble retreats as central bank eases capital controls
source : Russia Today ( News ) () 24
Russia’s regulator lifts ban on buying foreign currency The ruble weakened against foreign currencies on Monday after the previous week’s record rally as the Bank of Russia relaxed capital control measures. As of 10am GMT, the ruble slid to around 78 rubles to the US dollar and to just over 84 against the euro during trading on the Moscow Exchange. The Russian currency lost roughly 4% of its value against the dollar and 3% against the euro since surging on Friday to its highest level this year. Monday’s drop follows the central bank’s decision to relax temporary capital control measures that were introduced over t

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