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. Last Updated: 07/27/2016

Ruble Falls Sharply

The ruble fell sharply against the dollar during trading Wednesday on the Moscow Interbank Currency Exchange, closing at 1,804 per dollar compared to 1,792 on Tuesday. Net trading volume was $10.85 million, after initial supply of $48.90 million and initial demand for $56.0 million. Forty-two banks participated in the trading.

The ruble lost 10 points against the Deutsche mark, closing at 1,056 per mark.