Russian Ruble gains most in three weeks as companies pay taxes

Source: Bloomberg
© Scanpix/FP
The Russian Dollar strengthened by 0.6% to 31.2410 against the U.S. Dollar and 0.4% to 35.2810 versus a basket of Dollar and Euroin the second part of trading session in Moscow on Monday. The currency advanced the most since 29th of April, as Russian companies exchanged export revenue into domestic currency to pay local taxes. According to economists, Russian companies paid about 200 million rubles. 
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