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Russia Won't Probe Ruble Manipulation

U.S. investigation into alleged manipulation 'has no relation to the Russian market.'

By Anna Baraulina, Bloomberg | Updated on September 22, 2015

Russia’s central bank said it has no grounds to open a local probe into possible currency manipulation after U.S. prosecutors expanded an investigation to include the ruble.

Trading information used in the U.S. probe “has no relation to the Russian market,” Sergey Shvetsov, first deputy governor of Bank of Russia, who oversees financial markets, said in an interview.

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