Sunday, 28 August 2011

Ruble Falls with Crude Oil

The Russian ruble fell nowadays, when 5 sessions of gains against the US greenback, as crude oil, the most source of the nation’s export revenue, trimmed gains in new york.

August contract for crude oil delivery traded little changed at $96.87 per barrel when it advanced earlier by $0.9 per barrel. Crude paired its gains in new york when the greenback advanced versus the euro. The ruble fell 0.3 percent, the biggest intraday drop in additional than every week.

USD/RUB climbed from 27.7820 to 27.8720 today as of 13:03 GMT.

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