Currency Note Worldwide

Rouble sees largest gain in a month

By Ricky Bean May 12th, 2016

Yesterday the Russian economy enjoyed its day in the sun, with gains with respect to its stocks and currency. The rouble surged 1.7% against sterling as a decline in US oil stockpiles saw the oil price strengthen; the price of Brent crude oil rose by 3.2%, and the rouble had its largest gain in a month.

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