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Ruble exchange rate decline

Ruble exchange rate decline

The Russian Central Bank raised the exchange rate of the US dollar to 79.357 rubles, an increase of 65.90 kopecks, while the euro exchange rate was raised to 90.2051 rubles, up by 57.59 kopecks. The Chinese yuan also increased to 11.7215 rubles, by 13.04 kopecks. This comes as part of efforts to lower the ruble's exchange rate, within a set of financial policies aimed at controlling the Russian currency's value and achieving economic stability.

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