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Economy Ministry predicts real ruble rate rise
RBC, 24.11.2009, Moscow 12:54:06.The Russian ruble is expected to strengthen 2.1-2.2 percent against the dollar, and 1.5-1.6 percent against the euro in real terms in November 2009, the Economy Ministry indicated in its analytical materials. For the period from January to November 2009, the real effective ruble rate will have firmed 2.6-2.7 percent against the dollar, and shrank 4.9-5 percent against the euro. In the ministry's estimation, in October 2009, the real effective ruble rate gained 4.4 percent against the dollar, and 2.5 percent against the euro. Over January-October, the ruble gained 0.4 percent against the dollar, and fell 6.4 percent against the euro in real terms.
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