The Russian ruble has continued its decline against the dollar.

The Russian ruble has continued to decline against the dollar and yuan. Domestic inflation has also remained high further devaluing the currency. Russian officials have said that they are not concerned with the situation as they expect oil price increases to improve the economic situation. Analyst also believe that the central bank is inclined to let the ruble remain weak as a means to increase trade.

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https://apnews.com/article/russia-ruble-economy-putin-oil-bbaf01658af449b9848e347785704b19