![Russian ruble proves irresistible to emerging market investors, continuing its meteoric rise Russian ruble proves irresistible to emerging market investors, continuing its meteoric rise](https://mtic.us/wp-content/uploads/2017/03/58dceedcc361883e678b4600-310x168.jpg)
The ruble continues its seemingly unstoppable rally boosted by foreign investors seeking high yield returns. The currency has gained over 30 percent against the US dollar in just over a year.
On Thursday, the ruble rose 0.4 percent versus the greenback and was trading at 56.35 at 7:35am GMT, and gained 0.6 percent to 60.60 against the euro.