Oil Price Rally Helps Stablize Russia's Ruble Amid Uncertainty Over Ukraine

February 18, 2015 3:45 AM

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The ruble was steady on Wednesday and Russian stocks opened higher, with a rally in the oil price balancing uncertainty about the fate of a peace deal for Ukraine.

At 07:35 GMT the ruble was flat against the dollar at 62.52 and 0.1 percent stronger at 71.27 against the euro.

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