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Nabiullina linked the strengthening of the ruble with a tough DKP

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The strengthening of the ruble is largely due to the tight monetary policy, which was influenced by one-time factors. This was announced on October 24 by the head of the Central Bank (CB), Elvira Nabiullina.

"The ruble has strengthened slightly since the last meeting, largely due to tight monetary policy," she said at a meeting of the Board of Directors of the Bank of Russia on the key interest rate.

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