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. Last Updated: 07/27/2016

Ruble Firms to 28.72

MOSCOW -- Supported by export revenue sales in calm trade, the Russian ruble strengthened for the second day in a row Wednesday but failed to make up recent sharp losses, dealers said.

The ruble's weighted average for today settlement firmed to 28.72 per dollar in the morning session of eight exchanges from 28.76 per dollar Tuesday.

Based as usual on the results of the unified trading session, the Central Bank set its official next day rate at 28.72 per dollar after a previous 28.76 per dollar.

The ruble tumbled to 28.78 per dollar from 28.27 per dollar in the three sessions preceding Monday.