Rising Oil Prices Boost Russian Ruble, Canadian Dollar
The Russian ruble and Canadian dollar rose against the U.S. dollar Wednesday as U.S.-traded crude oil traded above $45 a barrel. The ruble rose to 63.47 to the dollar, up 3% from 65.43 late Tuesday in New York, according to FactSet data. The Canadian dollar rose to 76.32 U.S. cents, up 1.4% from 75.33 cents Tuesday. West Texas Intermediate crude for December delivery rose $2.35, or 5.4%, to $45.55 a barrel.
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