Ruble Bond Yield Rises to Week High; Currency Extends Decline
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The ruble weakened and yields on one-year benchmark government bonds climbed to the highest level in a week after a decline in Urals crude, Russia’s main export blend.
The ruble depreciated less than 0.1 percent to 32.3700 per dollar at 7 p.m. in Moscow, extending a 1.5 percent decline last week. Russia’s currency rose about 0.1 percent versus the euro to 40.6525 today and was unchanged against the central bank’s currency basket. An index of one-year domestic government bond yields compiled by Micex rose more than seven basis points to