Ruble Weakens as Crude Declines After Industrial Output Falls

The ruble weakened against the dollar for the first time in five days after industrial production unexpectedly declined and oil dropped.

The ruble depreciated 0.6 percent to 32.7595 by 6 p.m. in Moscow, when the central bank stops its market operations. The yield on the government’s bonds due February 2027, known as OFZs, increased four basis points, or 0.04 percentage point, to