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Russia's Metalloinvest net profit drops 94 pct in 2014 on weak rouble

MOSCOW, March 18- Net profits for Russia's biggest iron ore producer Metalloinvest fell 94 percent in 2014 as the rouble weakened, prompting a revaluation of the dollar-denominated portion of the company's debts, the company said on Wednesday. Metalloinvest posted net profits of $66 million for 2014, down 94 percent from the previous year, after the rouble...
Source: Reuters