Rubble increases as oil reaches a four-month high

Source: Bloomberg
The Ruble strengthened by 0.1% to 30.2250 per U.S. Dollar by midday in Moscow trading session on Tuesday, after reaching a 30.1650 level, the strongest since 11th of May. The Russian currency versus the U.S. Dollar appreciates for a second day, as oil price has increased to a four-month peak and on government signals, that it is resisting for the key interest rate cut.
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