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Forex

Commodity-nation currencies rise on renewed investor confidence

TOKYO -- The currencies of Russia and other major resource-exporting countries have made notable gains in recent weeks as investors' appetite for risk has improved, but the market will have new U.S. jobs data to chew on this week.

The ruble hovered near a year-to-date high against the dollar in Tokyo trading Tuesday on the back of its gains in the European market. The day before, the Russian currency had climbed the highest since the end of last October, lifted by rising crude oil prices.

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