Moscow - Saba:
The Russian ruble rose sharply on Tuesday and the dollar exchange rate fell, in transactions outside the Moscow Stock Exchange, to below 86 rubles since last September.
According to the "Russia Today" website, the ruble exchange rate fell by 1.23 rubles to 85.59 rubles, while the European currency was traded at 91 rubles.
On the Moscow Stock Exchange, the yuan exchange rate fell by 16 kopecks (ruble = 100 kopecks) to 11.8165 rubles.
The ruble-denominated stock market index MOEX also rose by 1.80% to 3363.10 points, while the dollar-denominated stock market index RTS rose by 1.78% to 1200.86 points.
Experts believe that the Russian currency is receiving support from market hopes from the Russian-American negotiations on Ukraine.
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