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The Russian ruble has fallen dramatically

Russian Foreign Trade
The Russian ruble has fallen dramatically due to the decline in oil prices.

Today, the exchange rates of the dollar and the euro exceeded 68 and 76 Russian rubles, respectively. Thus, over the past three months, the dollar has risen in price by 42 percent against the ruble. The main reason for the fall of the ruble is a decline in oil prices.

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Russian foreign trade statistics
Source: Federal Customs Service of Russia