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Find all the economic and financial information on our Orishas Direct application to download on Play StoreCe mercredi, le rouble russe s' est stabilisé avant deux adjudications of OFZ Treasury bonds. It is supported by high oil prices and the prospect of tax payments at the end of the month.
The ruble was unchanged against the dollar at 92.36 at 0758 GMT and had gained 0.1% to trade at 99.93 against the euro. It was stable against the yuan at 12.80. Alexei Antonov from Alor Broker indicated that the ruble has been hovering around 92.5 against the dollar for some sessions and should finally weaken beyond this threshold as exporters generally reduce their foreign currency sales at the end of the month. The Russian currency tends to be supported by month-end tax payments, with exporters converting revenue into foreign currency to pay local debts
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