Most Accurate Forecaster Sees Turnaround for Oil-Battered Ruble

Updated on
  • Nomura's Petrov cites homegrown demand from savers, companies
  • Others say worst not over for ruble ensnared by oil, recession

Oil Markets: Where Are Prices Headed?

The most-accurate ruble forecaster sees a turnaround for Russia’s currency as oil prices stem declines and local banks slow dollar purchases.

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