Russia’s ruble climbed for a second day as local companies bought the currency to meet tax payments, negating the impact of weaker oil prices. The currency of the world’s biggest energy exporter rose 0.3 percent to 68.34 per dollar by 6:17 p.m. in Moscow, leaving it little changed in the week. Russian government five-year bonds climbed for the first time in five days, lowering the yield three basis points to 9.3 percent. European and U.S. markets are closed for Easter holidays. Russian companies are due to pay about 1.3 trillion rubles ($19 billion) through March 30, the biggest tax bill of the year, according to Sberbank CIB. While Brent oil had its first weekly loss in five, the rebound in the price of Russia’s main export earner since January has seen crude close above $40 per barrel in the past seven sessions. “Oil has been trading at about $40 […]