Bloomberg Anywhere Remote Login Bloomberg Terminal Demo Request


Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world.


Financial Products

Enterprise Products


Customer Support

  • Americas

    +1 212 318 2000

  • Europe, Middle East, & Africa

    +44 20 7330 7500

  • Asia Pacific

    +65 6212 1000


Industry Products

Media Services

Follow Us

Bloomberg Customers

Ruble Gains Most in a Week on ECB Bond Buying, U.S. Labor Data

The ruble gained the most in a week as investor appetite for riskier assets increased after the European Central Bank said its ready to buy government bonds to stem the debt crisis and U.S. jobs data beat estimates.

The currency rose 0.6 percent to 31.00 per dollar as of 7 p.m. in Moscow and fell 0.2 percent versus the euro to 40.3140. The ruble added 0.2 percent against the central bank’s euro-dollar target basket.

The ECB is ready to undertake Outright Monetary Transactions after “prerequisites” are in place, bank President Mario Draghi said today. U.S. government data showed jobless claims increased less than economists forecast last week.

“The ruble reacted positively to U.S. labor data and the ECB president’s statement,” Alexei Egorov, an analyst with Moscow-based OAO Nomos Bank, said by e-mail.

Non-deliverable forwards showed the ruble at 31.4852 per dollar in three months compared with 31.6838 yesterday.

The extra yield investors demand to own Russia’s dollar bonds over U.S. Treasuries fell three basis points to 194, according to JPMorgan Chase & Co.’s EMBI Global Index. An index of five-year government bond yields fell four basis points to 7.525 percent.

Please upgrade your Browser

Your browser is out-of-date. Please download one of these excellent browsers:

Chrome, Firefox, Safari, Opera or Internet Explorer.