Russian rouble weakens slightly as tax-driven FX sales wind down – Markets

MOSCOW: The Russian rouble weakened against the US dollar and euro on Wednesday in thin trading, with exporters having largely finished selling foreign currency for tax purposes.

The rouble was down 0.15% against the dollar at 91.80 at 0700 GMT and had lost 0.3% to 101.38 versus the euro.

Brent crude oil, a global benchmark for Russia’s main export, edged up by 0.1% to $81.15 a barrel as…

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News Source: www.brecorder.com