16-02-2017 19:53 via feedproxy.google.com

The surging Russian ruble has caught the Kremlin's attention

The Russian ruble has had a good start to 2017.
The currency has climbed by nearly 6% against the US dollar since the start of the year, and has been the best performing emerging market currency in February.
It is down by 0.6% at 57.5953 per dollar as of 12:01 p.m. ET — but is still around levels last seen back in July 2015.
Notably, there are a couple of unusual things about the currency's recent appreciation: first, the ruble has somewhat disconnected from oil prices, and second, it's no
Read more »