Ruble rally continues to defy sanctions ...News

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Ruble rally continues to defy sanctions
The Russian currency strengthens to a fresh 7-year high against the US dollar and the euro The Russian ruble continued to strengthen on Tuesday, gaining over 1% against both the US dollar and the euro, trading data on the Moscow Exchange shows. At the opening of the session, the dollar exchange fell below 55 rubles for the first time since June 30, 2015. The euro was also trading at a seven-year low against the Russian currency, below 58 rubles per euro. The ruble is gaining strength against both of the globe’s top reserve currencies ahead of large tax payments and high prices on commodity markets. Russian exporte

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