Resurgent ruble resumes rally
May 30th 2022 7:46am EDT
The Russian currency has reversed earlier losses due the interest-rate cut by the central bank The ruble firmed sharply on the Moscow Exchange on Monday, recouping most of last week’s losses as it retained support from capital controls and Russia’s strong trade account. At 11:16 GMT, the ruble gained nearly 9% on the US currency […]
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