Ruble Gains as Citi Says Prospect of Oil Bottom Stoking Appetite

  • Russia sold all local debt offered in OFZ auctions today
  • Any optimism from Yellen could be `short-lived': Commerzbank

The ruble ended four days of declines and the government sold all the bonds it offered at auctions as oil rallied and Citigroup Inc. said traders are increasing exposure to the Russian currency amid speculation crude is close to a bottom.

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