Russian ruble will recover despite current volatility, Kremlin says

The ruble will undoubtedly

The ruble will undoubtedly rebound from recent losses as it has done before, Russian presidential spokesman Dmitry Peskov said after the currency touched multi-month lows on Tuesday.

The greenback rose against the Russian currency, which was trading around 79 rubles to one US dollar – the lowest level since April. The ruble also hit its lowest exchange rate against the euro since January 2016. 

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