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Ruble Nears Two-Month High, Sparks Doubt Over ‘Synthetic’ Rally

(Bloomberg) — The ruble rallied for a third day to approach the highest in more than two months, evoking skepticism from currency strategists who say the market is broken because of capital controls, forced dollar sales and ultra-thin volumes.Most Read from BloombergCanada to Ban Foreigners From Buying Homes as Prices SoarMocked as ‘Rubble’ by Biden, Russia’s Ruble Roars BackIf Stocks Don’t Fall, the Fed Needs to Force ThemUkraine Update: UN to Vote on Dropping Russia From Rights BodyRussia Ski

The tax breaks backing Plug Power’s new $93 million factory

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