The ruble gained as oil rebounded after falling into a bear market and Russian companies sold dollars to prepare for dividend payments.
The currency of the world’s largest energy exporter rose 0.8 percent to 66.35 per dollar by 6:15 p.m. in Moscow. Brent crude increased 0.5 percent after Bank of America Merrill Lynch said on Tuesday crude’s 15 percent decline in the past month represents a good buying opportunity.
