Russian bonds had their best week in two months, and the ruble topped gains in emerging markets, as the Federal Reserve's decision to hold borrowing costs paved the way for the central bank to continue a cycle of interest-rate cuts to shore up the economy.
Bloomberg: Russia wins from fed as ruble, bonds top emerging-market rally
A man walks past a board listing foreign currency rates in comparison with the Russian ruble, outside an exchange office in Moscow on Aug. 24.
