MOSCOW, Feb 17 (Reuters) - The Russian rouble weakened
slightly against the U.S. dollar on Monday ahead of Russia-U.S.
talks scheduled to take place in Saudi Arabia's capital Riyadh
on February 18.
At 0915 GMT, the rouble was down 0.3% at 91.40
against the dollar, still the highest level for the Russian
currency since September 2024, according to data from the
over-the-counter market.
It was also down 0.3% against China's yuan, the most traded
foreign currency in Russia, in trade on the Moscow stock
exchange.
"The starting negotiations in Saudi Arabia may continue to
fuel a positive news background, which will maintain the buying
of the rouble by speculative capital," said PSB Bank's analyst
Denis Popov.
The Russian currency is up about 20% against the dollar this
year, mostly on expectations of easing of geopolitical tensions
between Russia and the West.