April 10 (Reuters) - The Russian rouble opened down on
Monday, continuing last week's decline, which saw the currency
hit lows unseen since April 2022, driven in part by demand for
foreign currency amid sales of Russian assets by non-residents.
At 0830 GMT, the rouble was 0.59% weaker against the dollar
at 81.59 and had lost 0.22% to trade at 89.10
versus the euro . It had shed 0.34% against the
yuan to 11.85 .
In a note, Alexei Antonov, head of investment at ALOR
Broker, said that though the rouble continued to look weak, and
that its movement would largely depend on demand for foreign
currency, the currency continued to appear "oversold".
Brent crude oil , a global benchmark for Russia's
main export, was up 0.01% at $85.13 a barrel.
Russian stock indexes were up.
The dollar-denominated RTS index was up 0.35% to
978.05 points. The rouble-based MOEX Russian index was
0.94% higher at 2,523.34 points.
For Russian equities guide see For Russian treasury bonds see (Editing by Uttaresh Venkateshwaran)
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