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The ruble strengthened its position in November, what to expect in December?
The ruble strengthened its position in November, what to expect in December?
1,149 01.12
In November, the ruble significantly strengthened, displacing the dollar, euro and yuan. Investors attribute this to an improvement in geopolitical expectations, a decrease in demand for the currency and a still high key interest rate. Analysts are assessing whether this trend will continue in December and what factors can affect the dynamics of the exchange rate.
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