It had lost 0.3% against the euro to 80.1 and shed 0.3% to 10.91 against the Chinese yuan . Russia's currency has been falling this year as a result of lower energy revenues, as an European Union embargo on Russian oil and G7 price cap weigh on sales. The central bank expects Russia's current account surplus, which shrunk 58.2% in January, to fall to $66 billion this year, as imports recover and exports struggle, adding to pressure on the rouble. The Russian currency may face further headwinds as EU leaders discuss a new batch of sanctions against Russia over its actions in Ukraine, with politicians, military leaders and Russian banks expected to be targeted. However, Russia's currency may recover during the session as rising oil prices and increased demand for roubles from exporting companies help it to strengthen, said Banki.ru chief analyst Bogdan Zvarich. The price of Brent crude oil , a benchmark for Russia's major export rose 0.7% to $86.0 a barrel. Russian stock markets were mixed. The dollar-denominated RTS index was down 0.3% at 912.3 points, while the rouble-based MOEX Russian index was up 0.1% to 2,169.0 points. For Russian equities guide see For Russian treasury bonds see (Reporting by Caleb Davis Editing by Tomasz Janowski)
Feb 16 (Reuters) - The Russian rouble hit a near
10-month low near 75 against the dollar on Thursday, hurt by the
lower inflow of foreign currency earnings from oil and gas
exports and worries about a possible new round of EU sanctions
against Moscow.
The rouble was 0.4% weaker against the dollar
at 74.8 by 0744 GMT, earlier sliding to 74.91, its weakest mark
since April 25, 2022.
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