Ruble sinks to new low

Aug 9th 2023 12:51pm EDT

Analysts attribute the depreciation to the drop in foreign exchange earnings from exports and domestic demand The Russian ruble on Wednesday continued its slide against major global currencies, dropping to a new 16-month low. According to MOEX data, the Russian currency was trading above 98 rubles to the US dollar at 11:33 GMT, its weakest […]

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