Russian rouble strengthens to six-week high vs dollar – Markets

MOSCOW: The rouble strengthened to a six-week high against the dollar on Thursday, passing the 89 threshold it has been flirting with this week, supported by increased supply of foreign currency after Russia’s New Year holidays.

At 0650 GMT, the rouble was 0.6% stronger against the dollar at 88.84, after reaching 88.7650, its strongest point since Nov. 30.

It had gained 0.4% to trade at…