Russian Rouble Hits New Low Against Dollar and Euro

The Russian rouble weakened against the U.S. dollar, slipping past the 90 threshold to a one-week low. It fell by 0.56% against the dollar, 0.46% against the euro, and by 0.49% against the yuan. Russian stock indexes also fell, with the RTS index dropping by 1.22%.


Reuters | Moscow | Updated: 31-05-2024 12:57 IST | Created: 31-05-2024 12:57 IST
Russian Rouble Hits New Low Against Dollar and Euro
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The Russian rouble weakened against the U.S. dollar on Friday, easing past the 90 threshold to a one-week low. By 0715 GMT, the rouble was 0.56% lower at 90.35 to the dollar after trading in a range of 89.970 to 90.420.

Against the euro, the rouble fell 0.46% to 97.78 and dropped 0.49% to 12.43 against the yuan . Brent crude oil, a global benchmark for Russia's main export, was flat at $81.82 a barrel.

Russian stock indexes fell. The dollar-denominated RTS index fell 1.22% to 1,136.87. The rouble-based MOEX Russian index lost 0.71% to 3,258.83. ($1 = 90.3525 roubles)

(This story has not been edited by Devdiscourse staff and is auto-generated from a syndicated feed.)

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