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2.1

Ruble firms vs yuan on Moscow Exchange as oil prices stay high

The ruble appreciated against the yuan on the Moscow Exchange at Friday's close, supported by elevated oil prices. The move reflects ongoing currency dynamics in Russia's market, with oil the primary driver. No policy shift or intervention is indicated.

Interfaxabout 2 hours agoRU, CNCredibility 46%View source

Score Breakdown

Mosaic Score2.1
Confidence0.5
Significance0.1
Source credibility0.5

Intelligence Tags

#ruble#yuan#oil prices#forex#russia

Locations

Moscow

Entities

countrycountrymarket
Source

Related signals

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