You're reading: The Moscow Times: Ruble weakens ahead of Russian Central Bank decision

The ruble weakened on morning before a key Central Bank meeting at which policymakers are expected to raise interest rates in a bid to rein in the currency's recent plunge. The ruble fell 1.5 percent against the U.S. dollar to trade at just under 42.5 to the greenback, shortly after midday in Moscow.

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