Russian Ruble Gains With Oil as Data Show Global Glut Abating

Updated on
  • Currency rebounds from biggest drop in three months on Wed.
  • U.S. jobs data may influence further ruble gains: Rabobank

Russia’s ruble strengthened the most in a week as data showed a worldwide glut in crude may be abating, spurring appetite for assets in the world’s biggest energy exporter.

To continue reading this article you must be a Bloomberg Professional Service Subscriber.