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The Independent UK
The Independent UK
National
Via AP news wire

Russia’s currency hits the lowest level since beginning of the war in Ukraine - old

Copyright 2023 The Associated Press. All rights reserved.

Russia’s central bank is due to hold an unscheduled meeting to dicuss the level of its key interest rate – in the wake of the rouble falling to its lowest value for more than 16 months.

Pressure on the Russian economy is growing as the Kremlin continues pumping vast sums into its invasion of Ukraine. The country has been targeted with sanctions led by Western nations since the invasion began.

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