After hitting a 5-day high of 29.9940 in early European session, the Russian currency traded sideways against the US dollar in New York trading on Wednesday. At present, the ruble is trading near 30.04 versus the greenback, which may be compared to yesterday's close of 30.1280. On the upside, 29.95 is seen as the next target level for the ruble.

US Dollar vs RUB (FX:USDRUB)
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