Russian Ruble Advances To 4-day High Against U.S. Dollar
December 22 2014 - 2:54AM
RTTF2
The Russian ruble climbed against the U.S. dollar ahead of
European deals on Monday, as oil prices rebounded.
On Friday, Russian Finance Minister Anton Siluanov talked up the
Russian currency, saying it would definitely firm at the beginning
of next year.
The ruble climbed to a 4-day high of 55.02 against the
greenback, compared to Friday's closing value of 58.99. The next
possible upside target for the ruble is seen around the 50.00
mark.
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