Ruble Falls, Pares Decline

The Russian ruble fell today as the negative sentiment among Forex traders damped demand for the risky currency, but it rebounded at present as risk appetite slowly returns to investors.

The ruble dropped today as signs of economic slowdown infused fear in FX market participants. It looks like willingness to risk made an appearance again on the markets. Still, it is too early to say that a full-fledged risk appetite returned traders.

USD/RUB was up from 32.8875 to 33.0923, but fell to 32.8455 as of 18:10 GMT today.

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