Ruble hits near 2-year high against euro ...News

Economy by : (Russia Today) -
Russian currency strengthens further ahead of record-high tax payments due this week The Russian ruble strengthened against both the euro and the US dollar on Tuesday, trading data from the Moscow Exchange shows. As of 10:07 GMT the Russian currency had jumped roughly 0.96% compared to the end of the previous day’s trading to 76.42 rubles against the euro, its highest in nearly 2 years, and gained around 0.92% against the greenback to trade at 72.45 per dollar, reaching a five-month high. The rally comes as the market expects companies to make a record 3 trillion rubles ($40.25 billion) worth of tax payments due t

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