Russia’s Central Bank set the ruble’s official exchange rate at over 100 to the dollar for Wednesday, marking the first time the currency has slipped pass the symbolic threshold in more than a year.

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Russian Ruble Falls to 100 Per Dollar in Official Exchange Rate

The Russian ruble slumped on Friday to its lowest level against the US dollar since March 2022, a day after Moscow fired a hypersonic missile on Ukraine and Washington sanctioned a key Russian bank. The latest lurch lower came hours after Russian President Vladimir Putin said Moscow had fired a new generation hypersonic missile at Ukraine.

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Russian ruble hits lowest level against dollar since March 2022

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Wednesday’s rate, pegged by the Russian Central Bank at 100.03 rubles per dollar, reflects a nearly 19% devaluation since early August.

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The Russian ruble slumped on Friday to its lowest level against the US dollar since March 2022, a day after Moscow fired a hypersonic missile on Ukraine and Washington sanctioned a key Russian bank. The Russian currency has been highly volatile throughout Moscow's near three-year military offensive on Ukraine, reacting dramatically to developments on the

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Moscow (AFP) Nov 22, 2024 
The Russian ruble slumped on Friday to its lowest level against the US dollar since March 2022, a day after Moscow fired a hypersonic missile on Ukraine and Washington sanctioned a key Russian bank. 
The Russian currency has been highly volatile throughout Moscow's near three-year military offensive on Ukraine, reacting dramatically to developments on the battlefield and Western sanctions.

Russian Ruble Falls to 100 Per Dollar in Official Exchange Rate

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