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The Russian currency has continued to strengthen against the dollar and the euro in spite of sanctions The ruble soared on the Moscow Exchange on Tuesday, setting new highs against the dollar and the euro. The rally comes as Russia’s central bank has restored its key interest rate to pre-war levels.

Near-term prospects for ending the Ukraine conflict are not looking good, Hungarian Foreign Minister Peter Szijjarto told the Turkish Anadolu agency on Wednesday. “Unfortunately, all developments are showing a totally different direction. The weapons deliveries, the very open reference to nuclear capacities, the offensives against each other from the two sides, the Ukrainian soldiers being…