Wednesday, December 17, 2014

Ruble rallies after report Russia is selling foreign currency

Posted by My Blog Collection at 1:41 AM

LONDON (MarketWatch) -- The ruble shot higher in early trade on Wednesday after Russian news agency Interfax reported that the Russian finance ministry has started to sell its foreign currency reserves. Against the dollar, the ruble traded at 65.2550 compared with 67.8939 in late trade on Tuesday. Earlier on Wednesday, the ruble had weakened to trade around the 72-mark, which was still stronger ...



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