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Ruble stable vs dollar, euro amid news on possible use of Russian Armed Forces in Syria

The Russian parliament has granted permission to the president to use Russian Armed Forces in Syria

MOSCOW, September 30 /TASS/. The ruble rate remains stable against the dollar and the euro after reports that Russian parliament grants permission to President to use Russian Armed Forces in Syria.

As of 10:40 am MSK after the first reports about Russian air support of the Syrian armed forces in fighting Islamic State the dollar rate on the Moscow Exchange was at 65.78 rubles, the euro was 73.88 rubles.

As of 11:05 am MSK the dollar was at 65.72 rubles, the euro reached 73.83 rubles

On Wednesday, the Federation Council upper house of Russia’s parliament granted permission to the Russian president to use the Russian Armed Forces in Syria, presidential administration Chief Sergei Ivanov told reporters.

"The Federation Council unanimously supported the president’s request - 162 votes in favor [of granting permission]," Ivanov said. The armed forces will be used exclusively in Syria, he added. According to him, Syrian President Bashar Assad requested military assistance from Russian leadership to fight the Islamic State militants.