Ruble Gains Most Since May Versus Dollar on Oil

Bloomberg reports that the ruble climbed the most in more than a month versus dollar as oil rallied.

The market news is quoted as saying:

Crude for August delivery climbed as much as $1.26 a barrel, and last traded up 0.9 percent at $98.27 a barrel after a report showed U.S. supplies fell more than expected in the week ended July 8.

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