Ruble strong, stocks surge after Russian government reshuffle ...News

Russia Today - Economy
Ruble strong, stocks surge after Russian government reshuffle
source : Russia Today ( News ) () 90
The appointment of a new prime minister has boosted the Russian stock market to new record highs on Friday, with the national currency holding on to gains reached over the past 18 months. The ruble continued gaining against major currencies on Friday, after accelerating growth on the news of the appointment of Mikhail Mishustin as Russia's new prime minister earlier in the week. It was up 0.2 percent against the US dollar at 61.39 rubles, while gaining slightly on the euro at 68.29 rubles.The stock market posted solid gains at the beginning of the trading session. The dollar-denominated RTS index added more than one percent, reaching 1

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