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Alrosa profit up but weak dollar takes its toll

RUSSIA'S diamond monopoly Alrosa has posted a 19.3% increase in earnings for the first nine month...

Greg Tubby

The dollar’s slide against the ruble to 30.9 rubles per dollar was sharper than the 31.2 forecast, cutting sales by about 350 million rubles, Interfax reported from Moscow. However, cost cutting measure...

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