The Russian Ruble drifted higher against the U.S. dollar in European trading on Tuesday, amid higher oil prices on speculation of stronger demand from major consumers U.S. and China.

The Russian Ruble climbed to 64.7960 against the greenback, its highest since May 18. The Russian Ruble is likely to find resistance around the 62.00 mark. The pair ended Monday's trading at 65.3320.

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