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the ruble
News updates related to the ruble.
Indian sugar mills finalize export contracts for 100,000 tons as world prices rise.
Taking advantage of the sharp rise in global sugar prices and the record drop in the rupee, Indian producers have quickly secured new shipments to Asian and African markets.
Market
Indian sugar mill signs contract to export 100,000 tons as world prices rise.
Indian sugar producers have just signed new agreements amid global prices nearing a five-month high and the local currency falling to a record low.
Russia lowered interest rates for the fifth consecutive time, to 16%.
The Russian central bank cut its key interest rate by 0.5 percentage points to 16% amid slowing inflation and economic challenges.
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