German Chancellor Angela Merkel and Russian President Vladimir Putin

Russian President Vladimir Putin: At 08:30 GMT, the ruble traded 1.2 percent higher at 65.82 against the dollar and 1.4 percent up at 75.35 versus the euro. , according to The Moscow Times. German Chancellor Angela Merkel and French President Francois Hollande will meet Russian President Vladimir Putin later on Friday to discuss details of a new plan to end the conflict in eastern Ukraine, where fighting has intensified between government forces and pro-Russian separatists. The ruble and Russian shares continued to rally on Friday as markets awaited the outcome of high-level peace talks to end the war in eastern Ukraine and the oil price firmed. The dollar-denominated RTS index was up 2.8 percent to 827 points and the ruble-based was 1.9 percent higher at 1,718 points. (news.financializer.com). As reported in the news.

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