Worse data from the USA and the likely downwards review of the GDP for the first quarter overvalues the USD. The Russian Central Bank sells the roubles in order to prevent enforcement of the local currency. The removal of the excessive deficit procedure.
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Worse data from the USA and the likely downwards review of the GDP for the first quarter overvalues the USD. The Russian Central Bank sells the roubles in order to prevent enforcement of the local currency. The removal of the excessive deficit procedure.
Marcin Lipka, analityk Cinkciarz.pl
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