Igor Doronin, a senior analyst at the exchange, attributed the fall to "constant pressure for the devaluation of the ruble because inflation is still high and the situation with the budget is not clear."
Doronin estimated that the Central Bank had sold some $33 million to support the ruble Wednesday. Net trading volume was $63.67 million with initial demand for $63.92 million and supply of $30.78 million.
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