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Russian Pause in Dollar Purchases Helps to End Ruble’s Tumble

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The Bank of Russia paused foreign-currency purchases for the first time since it started interventions last month, helping to arrest a slump in the ruble.

Officials didn’t buy or sell foreign currency on June 5, according to data released Tuesday. The currency gained 0.5 percent to 55.704 against the dollar by 5:44 p.m. in Moscow, strengthening for a third day.