The ruble snapped a four-day decline against the euro and the hryvnia appreciated to its highest level versus the dollar in six days after Russia’s gas exporter said it will ship about 430 billion cubic meters of gas today. Currencies in eastern Europe pared declines.
“The lack of gas was
creating a negative dimension for industry,” said Roderick Ngotho, an emerging
markets currency strategist in
The hryvnia strengthened as
much as 2.8 percent to 7.8500 per dollar, the highest since Jan. 12. The ruble
was up 0.5 percent at 43.4059 per euro by 1:16 p.m. in
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