Ruble Trims First Weekly Drop in Four on Oil, Yellen’s Remarks

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  • Ruble is second-best performer in emerging world this year
  • Rally has further to run with 60 level by December: Rabobank

The Russian currency strengthened, paring its first five-day decline this month, as oil advanced and the Federal Reserve Chair’s speech triggered bets that U.S. rate increases will be gradual.

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