Russian Ruble Trades At 14-month Vs U.S. Dollar After Non-OPEC Joins Output Cuts
12 Décembre 2016 - 8:05AM
RTTF2
The Russian ruble spiked up against the U.S. dollar in the
European session on Monday, on higher oil prices following a
historic deal by Russia and other non-OPEC members to cut output by
558,000 barrels per day.
Oil prices shot above $53 a barrel, after OPEC signed the
historic production cut deal with non-OPEC members over the weekend
to jointly reduce output to contain the supply glut and prop up
markets. Those non-member cuts come on the heels of an OPEC
decision on November 30 to slash member output by 1.2 million
barrels a day.
The Russian ruble climbed to 60.95 against the greenback, its
strongest since October 2015. If the ruble extends rise, 58.00 is
possibly seen as its next resistance level.
US Dollar vs RUB (FX:USDRUB)
Graphique Historique de la Devise
De Déc 2024 à Jan 2025
US Dollar vs RUB (FX:USDRUB)
Graphique Historique de la Devise
De Jan 2024 à Jan 2025
