Ruble Strengthens as Crude Oil Advances, Companies Pay Taxes
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The ruble climbed as companies bought the currency to pay taxes and oil advanced, boosting the outlook for the world’s biggest energy exporter.
The ruble added 0.6 percent to 30.9600 by 7 p.m. in Moscow and gained 0.3 percent versus the euro to 40.1050. The currency was up 0.5 percent against the central bank’s target euro-dollar basket.