MOSCOW, March 4 (UPI) -- Markets and investors seemed to breathe a sigh of relief after Russian President Vladimir Putin said he was not planning on sending troops to Ukraine, ending days of speculation over a possible Russian invasion.
The ruble appreciated 1.1 percent to 42.20 against Bank Rossi's target basket of euros and dollars. The yield on bonds due in February 2027 also fell by 0.17 percent to 8.71 percent and the benchmark Micex Index jumped 5.3 percent, ending a five-day losing streak.