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The move weighed broadly on Russian stocks.
So far this year, Russian stocks are down 80.1percentt.
The Micex index of major Russian stocks, meanwhile, rose 5.5 percent.
The appreciating currency is an added benefit for investors in Russian stocks.
In past years, Russian stocks traded in tandem far more than shares in developed markets.
Russian stocks lost a quarter of their value in three days this week.
But this confidence collapsed in late January, and Russian stocks plummeted.
Had he sold short Russian stocks or the ruble, he would certainly have benefited.
Had he still owned Russian stocks, or example, he would have been hurt.
The day Mr. Soros's letter was published, Russian stocks plunged 15percentt before trading was halted for 35 minutes.
Russian stocks are buoyant, too: the Micex index closed last week at 1,781, up nearly 6 percent since the beginning of the year.
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