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Russian Ruble Strengthens in Thin Trade

By Clip Syndicate
Russia's rouble strengthened on Thursday as exporters sold foreign currency in response to government pressure and to meet tax payments, but trading volumes were thin as many Western markets were closed for the Christmas Day holidays. Early Thursday, the rouble was 1.7 percent stronger against the dollar at 52.55 and gained 1.5 percent to trade at 64.53 versus the euro . The rouble earlier hit its highest against the dollar and euro since Dec.






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