Russian Rouble Rises To Near 2-month High Against U.S. Dollar
March 06 2015 - 2:25AM
RTTF2
The Russian rouble strengthened against the U.S. dollar in the
late Asian session on Friday, as oil prices rose and after the
European Central Bank detailed its bond-buying program.
Against the greenback, the rouble rose to nearly a 2-month high
of 58.90 from an early low of 61.13. At yesterday's close, the
rouble was trading at 60.74 against the greenback. If the rouble
extends its uptrend, it is likely to find resistance around the
53.17 area.
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