Ruble Rises as Oil Bolsters ‘Most Attractive’ Emerging Currency

  • High rates and current-account surplus boost ruble appeal: CS
  • Russian 5-year bonds advance, with the yield at 1-week low

Russia’s ruble climbed to a three-month high amid prospects for stimulus in major economies as Credit Suisse Group AG called it the "most attractive" emerging-market currency at current oil-price levels.

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