Wed, 30 Jul 2014 09:43:45 GMT
Ruble rises as sanctions are perceived to be mild
Russia's currency strengthened for the first time after decreasing for five successive days, due to traders considering US and EU sanctions milder than expected. However, the EU will announce more sanctions today for another three organizations and eight people. The Ruble advanced 0.5% against both the Euro and the Dollar, trading at 47.7590 and 35.6245 correspondingly.