Photographer: Scott Eells/Bloomberg

Ruble Weakens With Price of Oil as Citi Sees Currency Overvalued

  • Currency should be trading at about 70 versus USD, Citi Says
  • Brent in rubles drops to lowest level in almost six weeks

The ruble slid with the price of crude as Citigroup Inc. said the currency looks expensive compared with Russia’s main export earner.

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