Ruble rebounds

Макроэкономика 04.02.2015 The Russian ruble rose 4.53% yesterday on the back of crude oil gains over the past few days and possibly as a result of a declining US dollar following a weaker-than-expected 4Q GDP reading and realization that a strong dollar is disadvantageous for the US economy. The hryvnia lost 2.45% in trade-weighted terms on the back of the ruble's increase.