Ruble edges lower vs yuan on Moscow Exchange ahead of weekend
Published 5 h ago1 sourceEvidence: Reported
The ruble weakened against the yuan on the Moscow Exchange as traders locked in gains following the ruble's strongest level since early August. The move reflects profit-taking rather than a fundamental shift, with the ruble's recent strength likely tied to capital controls and trade flows. The development signals continued FX market sensitivity in Russia amid sanctions and reduced Western currency liquidity.
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