LSE: Russian Ruble Spikes Up To Near 2-month High Versus US Dollar
MOSCOW (Alliance News) - The Russian Ruble drifted higher against the US dollar in European trading on Tuesday, as oil prices rose on hopes that Beijing may announce more stimulus following downbeat China data, while Saudi vowed to work with all main crude producers to limit market volatility.
The Ruble climbed to 73.5810 against the greenback, a level not seen since January 6. On the upside, the ruble may locate resistance around the 72.00 level. The pair ended Monday's trading at 74.6177.
