The Russian ruble rose back against the U.S. dollar in the European session on Wednesday, as the news of Donald Trump emerging a winner in the U.S. presidential election raised hopes for constructive relationship between Moscow and Washington.

Congratulating Trump, the Russian President Vladimir Putin sounded confident that "building a constructive dialogue between Moscow and Washington, based on principles of equality, mutual respect and each other's positions, meets the interests of the peoples of our countries and of the entire international community."

The Russian ruble climbed to 63.20 against the greenback, heading to pierce its early 8-day high of 63.21. This may be compared to a 1-1/2-month low of 64.76 set at 11:45 pm ET. The ruble is likely to find resistance around the 58.00 mark.

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