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Russia's ruble hits its lowest level since early in the war. The central bank plans to step in

Por: ABC News Business August 15, 2023

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LONDON -- The Russian ruble on Monday reached its lowest value since the early weeks of the war in as Moscow increases military spending and Western sanctions weigh on its energy exports.It led Russia's central bank to announce an emergency meeting for Tuesday to review its key interest rate, raising the likelihood of an increase in borrowing costs that would support the flagging ruble.The Russian currency had passed 101 rubles to the... + full article



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