Ruble smashes four-year high against US dollar

and a seven-year

The Russian currency strengthens ahead of upcoming tax payment .

The Russian ruble reached a four-year high on the US dollar and a seven-year high against the Euro on Friday. The ruble is being propelled by capital controls, the new ruble-based gas payment scheme and looming corporate tax dues, which are pushing up domestic demand for the currency.

Continue reading https://on.rt.com/bwur