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Russian central bank hikes benchmark rate to 21%, highest since 2003

UPDATE 3-Russian central bank hikes benchmark rate to 21%, highest since 2003 This content was produced in Russia where the law restricts coverage of Russian military operations in Ukraine The central bank says further rate hikes possible Inflation is not slowing down Inflationary expectations highest since the start of the year Key rate higher than at the start of the conflict in Ukraine Adds more background in paragraphs 2, 5, 8 By Elena Fabrichnaya and Gleb Bryanski MOSCOW, Oct 25 (Reuters) -
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Russian rouble weakens slightly ahead of expected central bank rate move

Russian rouble weakens slightly ahead of expected central bank rate move MOSCOW, Oct 25 (Reuters) - The Russian rouble weakened slightly against the U.S. dollar and the Chinese yuan on Friday, the day the central bank is expected to hike rates at least to the highest level since April 2022. At 0800 GMT, the rouble RUB= was down 0.6% at 96.80 against the dollar and down by CNYRUB= 0.2% at 13.44 against China's yuan.
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Most EM currencies rise as dollar pauses

EMERGING MARKETS-Most EM currencies rise as dollar pauses Most bourses in emerging Asia clock losses EM stocks down 0.6%, FX up 0.2% By Shashwat Chauhan Oct 24 (Reuters) - Most emerging market currencies eked out gains on Thursday as the dollar softened, while a broader gauge of stocks was down as focus remained on the U.S. presidential election and the Federal Reserve's interest rate path.
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Russian rouble weakens before expected rate hike

Russian rouble weakens before expected rate hike MOSCOW, Oct 24 (Reuters) - The Russian rouble weakened slightly against the U.S. dollar and China's yuan on Thursday, the day before a central bank board meeting in which analysts expect a hike in the central bank's key interest rate to fight inflation. At 0800 GMT, the rouble RUB= was down 0.4% at 96.80 against the dollar and down by CNYRUB= 0.5% at 13.44 against China's yuan.
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There's little to stop dollar rising

BUZZ-COMMENT-There's little to stop dollar rising Oct 23 (Reuters) - In 2022 the dollar's rally came to an abrupt halt due to the overcrowding of bets on its rise and investments in the U.S. currency. Following a lengthy correction and a purge of those bets and investments there is now little to stop a dollar rise that looks increasingly likely. When the dollar peaked in 2022 it was also overbought, yet the resulting correction of these extreme conditions proved to be modest - just 23.6% of the
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