Russian Markets Climb as Putin Detente With U.S. Upstages Oil

Updated on
  • Government sells all 15b rubles offered at OFZ auctions
  • Citigroup sees falling oil putting pressure on fragile ruble

Russian stocks and the ruble advanced for a third day as improving relations with the U.S. and Europe boosted bets sanctions will be scaled back. Citigroup Inc. said the currency remained vulnerable to fluctuating oil prices.

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