Ruble Lost on U.S. and Europe Deficit

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Source: Bloomberg
© Scanpix/Reuters
The Ruble dropped for the first time since Tuesday on forecasts that budget deficits in the U.S and the euro region will postpone the world economic recovery made investors take away money from riskier assets. The Russian currency decreased 0.3% against the Dollar and traded at 31.7452 per dollar spreading its fourth week decline to 0.4%. The rubble was little changed against the Euro and traded at 40.4375 per euro.
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