Скачать или смотреть Ruble holds recent gains against US dollar

The Russian ruble shows little reaction to comments of the Federal Reserve Chair Janet Yellen and continues to struggle against the greenback.
The dollar-ruble pair attempted to move upside, but didn’t manage to sustain a rise as investors still prefer the Russian currency. The greenback is trading at 59.45 against the ruble.
Analysts say there won’t be any significant changes in this market in the short term as it is widely expected that economic recovery in Russia will pick up in the nearest future. Such expectations were expressed by the World Bank on the sidelines of the Gaidar Forum.
In 2012 economic activity in Russia contracted significantly and in 2014 the country entered recession after a slump in oil prices.
However, experts say that the Russian economy has scope for a rise. The growth of gross domestic product will accelerate if volume of output expands and investments in human capital increase.
However, the only thing which is rising in Russia at the moment is the national currency. The ruble is expected to increase its profits against the greenback despite possible rate hikes by the Federal Reserve.

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