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9 months ago

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Russian rouble eases as central bank makes big rate hike

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Russian rouble eases as central bank makes big rate hike

The rouble weakened against the dollar on Friday after the Bank of Russia hiked rates by a more-than-expected 100 basis points, pointing to rising inflationary pressures, with risk-off sentiment hitting Russian assets before the weekend.

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Russian rouble eases as central bank makes big rate hike

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Russian rouble eases as central bank makes big rate hike

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