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Russian central bank says rouble weakness due to lower forex sales by exporters

MOSCOW, April 10 (Reuters) – Russian exporters cut their sales of foreign currency during the first days of April, contributing to a significant weakening in the value of the Russian rouble in recent days, the central bank said on Monday.

The bank also said it had seen a significant jump in interest in the Chinese yuan – which is challenging the U.S. dollar as the most important foreign currency in Russia – with Russians buying 41.9 billion roubles worth of yuan in March, up from 11.6 billion during February. (Reporting by Elena Fabrichnaya; Writing by Jake Cordell; Editing by Jan Harvey)

finance.yahoo.com

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