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. Last Updated: 07/27/2016

Deutsche Mark Down

MOSCOW (MT) - The Deutsche mark weakened to 401 rubles from 418 in trading Wednesday on the Moscow Interbank Currency Exchange, bringing it closer to the ruble to dollar rate, Interfax reported.

Using the current mark rate, the dollar to ruble ratio would work out to 641 rubles to the dollar, a difference of 7 rubles to the official dollar rate set at trading on Tuesday of 649.

Trading in the mark last week suggested a ratio of 668 rubles to the dollar, a difference of 92 rubles from the actual dollar/ruble ratio.