The ruble strengthened, trimming its weekly loss, as companies prepared to pay the bulk of their monthly taxes next week. The currency gained 0.1 percent to 43.4535 against the central bank's dollar-euro basket at 1.17 p.m. in Moscow, paring its fall in the week to 1.5 percent. Ten-year ruble bonds were little changed with the yield at 9.52 percent.
Russia's War Against Ukraine
Bloomberg: Ruble pares weekly decline as companies pay $17 billion in taxes
This combination of two pictures shows (top) the1856 sculpture of Apollo riding his quadriga by Russian sculptor Pyotr Klodt, atop the Bolshoi Theatre in Moscow on Oct. 26, 2011, and (bottom) a Russian 100 ruble bill depicting the statue.
