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Currency report: Yuan reaches record high, ruble continues to decline
On August 11, exchange rates indicate that the yuan has hit a record value while the ruble continues to fall.
According to reports from August 11, the yuan has reached its record mark. In this context, the ongoing decline of the ruble has also been noted. The exchange rate of the US dollar remains stable, influencing market developments.
Additionally, both the euro and the ruble are losing value in commercial banks and the national banking system of Kyrgyzstan. Experts point out that the exchange rates have deteriorated in both the national bank and private banks.