MOSCOW, Feb 12 (Reuters) - The Russian rouble surged by
over 2% against the U.S. dollar on Wednesday after a deal
between Russia and the United States brought home an American
school teacher who was detained and sentenced in Russia.
At 0750 GMT, the rouble was up 2.1% at 94.50 against
the dollar, the highest level for the Russian currency since
October 2024, according to data from the over-the-counter
market.
The rouble strengthened 1.2% to 12.93 against China's yuan
on the Moscow Stock Exchange.
"The positive news background, promising a reduction in
geopolitical tensions, continues to strengthen, and this factor
is currently playing a significant role in supporting the
rouble," said Denis Popov from PSB bank.