Russian Ruble Trades At Near 2-week High Versus U.S. Dollar
22 Noviembre 2016 - 12:53AM
RTTF2
The Russian Ruble traded higher against the U.S. dollar in the
European session on Tuesday, on the back of a surge in oil prices
amid optimism that OPEC will reach deal to scale back oil
production at its meeting next week.
Growing hopes of an OPEC output agreement and Russia's
preparedness to freeze production at present levels spurred a rally
in oil prices.
Russian President Vladimir Putin on Sunday said that his country
was ready to freeze production at "today's level" to stabilize oil
production.
The Russian Ruble climbed to near a 2-week high of 63.4288
against the greenback, compared to Monday's closing value of
63.9745. The Ruble may locate resistance around the 62.00
region.
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