Extending European session's downtrend, the US dollar plunged further against the Russian ruble in New York trading on Monday. The greenback-ruble pair fell to a 17-day low of 31.3725 at about 12:45 pm ET, which may be compared to last week's closing value of 31.6530. On the downside, 31.22 is seen as the next target level for the US currency.

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