Russia's Ruble Falls Below 56 to U.S. Dollar for First Time This Year

Russian ruble and U.S. dollar banknotes are seen on a table at a bank in Moscow.

The value of the dollar against the ruble fell below 56 rubles per dollar for the first time this year on Monday, setting a new 2015 high for the ruble of 55.96 per dollar.

At 11:32 GMT the ruble had fallen back to 56.09 against the dollar, still up 0.9 percent on the day.

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