  We investigate the persistent current in a hybrid Aharonov-Bohm ring -
quantum dot system coupled to a reservoir which provides spin fluctuations. It
is shown that the spin exchange interaction between the quantum dot and the
reservoir induces dephasing in the absence of direct charge transfer. We
demonstrate an anomalous nature of this spin-fluctuation induced dephasing
which tends to enhance the persistent current. We explain our result in terms
of the separation of the spin from the charge degree of freedom. The nature of
the spin fluctuation induced dephasing is analyzed in detail.
