Forex

Ruble Strengthens Against Dollar And Gazprom Rallies

Ruble Strengthens Against Dollar And Gazprom Rallies

On Tuesday, Moscow trading saw the Russian ruble gain against the US dollar beyond 60, as it shrugged off a fall in oil prices below the $100 mark. Meanwhile, there was also a rise in the benchmark index in Russia to its highest level in two months, thanks to a rally in energy giant Gazprom. Ruble gains The Russian currency ended about 0.7% stronger against the euro at a value of 60.0, while it also strengthened against the US dollar by 0.8% to reach 59.94. Light trading saw the Russian ruble gain, even though analysts had predicted that the currency…
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