Ruble Gains for Second Day as Crude Oil Trades at Two-Week High
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The ruble advanced for a second day against the dollar as crude oil, the nation’s main export earner, rose to a two-week high.
The ruble added 0.5 percent versus the dollar to 30.7150 by the close in Moscow. It lost 0.3 percent versus the euro to 40.8050 and added 0.1 percent to 35.2555 against the central bank’s target euro-dollar basket. An index of five-year government bond yields compiled by the Micex rose five basis points to 6.6317 percent.