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After the Russian Government (In August 1998) Allowed the Ruble

Question 56

Multiple Choice

After the Russian government (in August 1998) allowed the Ruble to move outside its official trading range of between Ru5.70/$-Ru6.35/$, the value of the Ruble eventually ________ to around ________ by May 1999.


A) increased; Ru13/$
B) increased; Ru4.50/$
C) decreased; Ru13/$
D) decreased; Ru25/$

Correct Answer:

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