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Posts published in “Day: November 16, 2007”

Russian Rubles: Dollar is Unstable!

Friday, 16th of November: Things have gotten worse for the US dollar on the Moscow Interbank Currency Exchange (MICEX). The Dollar currently stands at 24.48 RUR/USD, RUR 0.04 below the official exchange rate set by the Central Bank for November 17-19. (weekend numbers) The ruble’s appreciation against the dollar is due to the Euro’s renewed rise against the American currency…

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