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Russia tries to stem panic over the plummeting ruble, as the central bank is forced to intervene

By CNBC   |   1 year ago
Russia tries to stem panic over the plummeting ruble, as the central bank is forced to intervene

Russian authorities are addressing concerns over the ruble's recent drop, with the central bank stepping in to stabilize the currency. The ruble hit a low against the dollar, prompting intervention to reduce market volatility. Kremlin's spokesperson downplayed the impact on ordinary Russians.

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