15.07.2016 - Ruble Rises as Oil Bolsters ‘Most Attractive’ Emerging Currency
Russia’s ruble climbed to a three-month high amid prospects for stimulus in major economies as Credit Suisse Group AG called it the "most attractive" emerging-market currency at current oil-price levels. The ruble added 1.4 percent to 62.96 rubles by 5:55 p.m. in Moscow, the second-best performing currency in emerging markets after South Africa’s rand. Five-year government bonds also advanced. Brent crude increased 1.6 percent to $46.96 a barrel after losing almost 5 percent yesterday...............................................Full Article: Source
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