Ruble Advances Against Basket After U.S. Data Spur Oil Gain
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The ruble climbed against the central bank’s target dollar-euro basket, extending its fifth consecutive weekly gain after better-than-expected jobs data spurred prices for oil, Russia’s chief export earner.
The ruble gained 0.2 percent to 34.3975 against the basket at the 7 p.m. close in Moscow, extending its weekly rise to 0.5 percent. The Russian currency was little changed at 30.19 per dollar and rose 0.4 percent to 39.54 per euro.