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Ruble Strengthens Versus Dollar at Volatile Market Opening

A man talking on a phone is seen in a window of a building with a board showing currency exchange rates on display in the foreground, in Moscow, on Dec. 16, 2014. Maxim Zmeyev / Reuters

Russia's ruble strengthened in early trade after opening sharply weaker, but trade was volatile, with the market nervous after heavy losses in recent days.

At 0738 GMT, the ruble was around 0.7 percent stronger against the dollar at 68.00 but 0.2 percent weaker against the euro at 84.99.

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