MOSCOW, Jan 5 (Reuters) – The Russian rouble firmed on Friday, moving towards the 91 mark against the dollar in thin holiday trade, supported by relatively high oil prices. Market activity is limited as Russia has public holidays until Jan. 9. At 0744 GMT, the rouble was 0.1% stronger against the dollar at 91.21 and had gained 0.3% to trade at 99.65 versus the euro. It had firmed 0.2% against the yuan to 12.65. Brent crude oil, a global benchmark for Russia’s main export, was up 0.4% at $77.86 a barrel. Since October and the rouble’s most recent slide to 100 against the dollar, a presidential decree forcing exporters to convert some foreign currency revenue has supported the Russian currency,…
Published Date: 2024-01-05
Source: Market Screener
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