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Japan’s core consumer inflation benchmark hit a fresh four-decade high last month as companies continued to pass on rising costs to households, government data showed on Friday. The nationwide consumer price index (CPI), which excludes volatile fresh food but includes energy costs, jumped 3.7% in November from a year ago, in line with market forecasts…

Increased sales of hard-currency revenues by exporters will support the ruble in the upcoming months, Maksim Oreshkin has said The depreciation in the ruble has run its course, while a surplus of foreign currency is likely to materialize in the local market over the next few months, Russian presidential adviser Maksim Oreshkin told Interfax on…