The Russian rouble opened higher against a weakened dollar,
boosted by rising oil prices even as it lost ground against
other major currencies.
At 0730 GMT, the rouble was 0.21% stronger against the
dollar at 70.60 , but had lost 0.71% to trade at
77.00 versus the euro . It had shed 0.014% against
the yuan to 10.41 .
In a note, Andrei Kochetkov, lead analyst at Otkrytie
Research, said the rouble would likely continue to trade stably
against a backdrop of rising oil prices and a weakened dollar
despite ongoing geopolitical tensions.
Brent crude oil , a global benchmark for Russia's
main export, was up 0.6% at $83.32 a barrel.
Russian stock indexes were up.
The dollar-denominated RTS index was up 0.60% to
1,008.38 points. The rouble-based MOEX Russian index was 0.44% higher at 2,239.72 points.
For Russian equities guide see For Russian treasury bonds see (Editing by Jan Harvey)
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