Russian Rouble Gains as Stock Indexes Rise

The Russian rouble saw a modest increase against the U.S. dollar and other major currencies on Monday, strengthening by 0.31% to 89.07 against the dollar. Russian stock indexes mirrored this upward trend, with the RTS index increasing by 0.36% and the MOEX index gaining 0.33%. Brent crude oil also rose by 0.3% to $79.82 per barrel.

The Russian rouble strengthened slightly against the U.S. dollar on Monday. By 0715 GMT the rouble had gained 0.31% to 89.07 against the dollar after trading in a range of 88.908 to 89.493.

Against the euro, the rouble strengthened by 0.75% to 95.85 and gained 0.21% to 12.23 against the yuan . Brent crude oil, a global benchmark for Russia's main export, rose 0.3% to $79.82 a barrel.

Russian stock indexes rose. The dollar-denominated RTS index was up 0.36% at 1,147.37 while the rouble-based MOEX Russian index gained 0.33% to 3,243.91. ($1 = 89.0725 roubles)