22 Dec 2010 14:00

Ruble strengthens 2.8% against dollar in 11M - Econ Ministry

MOSCOW. Dec 22 (Interfax) - The ruble strengthened 2.8% against the U.S. dollar and 9.4% against the euro in real terms in January-November, the Russian Economic Development Ministry said in an economic review.

The ruble strengthened an estimated 3% against sterling, 0.65% against the Swiss franc and 4.7% against the yen.

The ruble strengthened 3.1% against the major currencies in the 11 months but weakened 0.9% in November.

It weakened 1.3% against the dollar, just under 0.1% against the euro, 2.6% against sterling and 0.5% against the yen in November but rose 0.4% against the franc.