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Home News Head of Central Bank Nabiullina said the reasons for the weakening of the ruble were lower exports and oil prices
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Head of Central Bank Nabiullina said the reasons for the weakening of the ruble were lower exports and oil prices

Photo by Hector Argüello Canals on Unsplash

“What does the weakening of the exchange rate have to do with. It has to do with the fact that our exports were declining in value terms and there was a drop in oil prices,” she was quoted as saying by RIA Novosti.

Earlier analysts expressed the opinion that the reasons of ruble weakening at the trading on April 3 are the end of the tax period and imbalance demand for currency.

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