Ruble Climbs, Yields Fall as Crude Rises on Middle East Concerns
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The ruble rose and government bond yields fell as crude oil, Russia’s main export earner, advanced on concern Middle East unrest will disrupt supplies.
The ruble added 0.2 percent to 31.6725 against the dollar by 10:57 a.m. in Moscow after a 0.3 percent loss last week. An index of five-year government bond yields fell five basis points to 6.998 percent, the lowest in a month.