Ruble Advances as Crude Oil Holds on to $47 Level Amid Fed Watch

  • Sberbank analysts see currency sliding to 69 per dollar soon
  • Ruble still trading stronger relative to Brent's decline

The ruble advanced amid investor optimism that Brent-crude prices will stay above $47 a barrel and Russia’s export revenues are getting a boost from the currency that’s become 27 percent cheaper since May.

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