The ruble is surging
|09/19/2016||Posted by BusinessMediaguide.Com under General World News||
The Russian ruble is surging.
The currency is up by 0.8% at 64.5873 per dollar as of 7:34 a.m. ET.
Meanwhile, prices of Brent crude oil, the international benchmark, are up 1.3% at $46.37 per barrel.
Separately, the ruling United Russia party has secured about 54% of the votes in the latest elections, and will take over about three-quarters of the 450 seats in the parliament.
Notably, turnout was at a record low of 47.8%, a significant drop from 2011’s turnout of 60%, according to figures cited by the BBC.
As for the rest of the world, here’s the scoreboard as 7:45 a.m. read more >>>