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Ruble responds by growth to key rate cut

The ruble increased against the yuan by 2.35 kopecks to 11.02 rubles

MOSCOW, July 25. /TASS/. The ruble rate responded by growth to the decision of the Bank of Russia to reduce the key rate to 18% per annum, according to trading platform data.

The ruble increased against the yuan by 2.35 kopecks to 11.0215 rubles after the regulator posted the press release with its decision.