MOSCOW - A slight recovery in oil prices and the start of the end-of-month tax period dragged the rouble off record lows on Friday, providing some much-needed relief for Russia's ailing currency.
May 25, 2014 Presidential Election
Daily Mail: Oil recovery, tax period drag ruble off record lows
The rouble has been pummelled by risk aversion to Russian assets because of the Ukraine crisis, a dramatic slump in oil prices to multi-year lows and Western sanctions, which have restricted Russian firms' access to international capital.
