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Russian currency dips further
The ruble’s slide has been attributed to the recent mutiny and low oil prices The Russian ruble fell nearly 2% against the US dollar on the Moscow Exchange during trade on Friday, reaching its lowest point since late March 2022. The currency traded at 89.4 rubles to the dollar at 14:00 Moscow time, according to exchange data. The euro traded at over 97 rubles, also the lowest level since March 2022. Central Bank Deputy Chairman Alexey Zabotkin gave assurances on Friday that the weakening currency does not pose any risks to financial stability, and explained that ruble has been impacted by the declining prices of R

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