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The ruble is ticking back up

The ruble climbed on Wednesday after tumbling for two consecutive days.

The Russian ruble is ticking higher on Wednesday, reversing some of its losses from the two previous days.

The petrocurrency was up by 0.4% at 59.4065 per dollar at 8:27 a.m.

Oil prices held near seven-month lows on Wednesday. Brent crude oil, the international benchmark, was up by 0.4% at $46.20 per barrel, while West Texas Intermediate crude, the US benchmark, was up by 0.5% at $43.72 per barrel at 8:28 a.m. ET.

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