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Dollar slides on home and foreign markets
RBC, 08.02.2007, Moscow 10:45:52.At the opening of today's special dollar trading session for tomorrow deals, the weighted average dollar exchange rate stood at 26.45 RUR/USD, which is RUR0.05 lower than the official rate set by the Bank of Russia for February 8. Hence, the ruble has extended its gains against the dollar into a second day in a row. The US currency lost RUR0.05 against the ruble yesterday and has been depreciating at the same rate today. The current developments on MICEX may be attributed to the situation on international exchanges, where the dollar has declined considerably against the euro. The latter is now trading at USD1.3021, up from USD1.2974 at the same time on Wednesday and USD1.2920 on Tuesday . Consequently, the euro has stepped up almost 0.4 percent against the dollar on the global market since yesterday and 0.8 percent since Tuesday.
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