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Russia's rouble mixed as market adjusts to US sanctions
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Russia's rouble mixed as market adjusts to US sanctions
Jun 14, 2024 1:40 AM

MOSCOW, June 14 (Reuters) - Russia's rouble was mixed in

different trading markets on Friday, after U.S. sanctions on

Moscow Exchange sowed confusion across Russian

financial markets and continued to limit access to reliable

data.

The new U.S. sanctions forced Russia's leading exchange to

halt dollar and euro trading, which led to a range of varying

prices and spreads as trading moved over-the-counter (OTC) on

Thursday, obscuring access to reliable pricing for the Russian

currency.

On the interbank market, where liquidity can be low and

major Russian banks that have been sanctioned by the United

States cannot participate, the rouble traded at 89.20 against

the dollar as of 0741 GMT.

The central bank set its official exchange rate at 88.2080

roubles per dollar for Friday.

In more liquid trading, the rouble was 0.5% higher at 88.50,

according to a Reuters analysis of the over-the-counter market.

The euro was up 0.8% at 94.75.

Against the yuan, the most traded foreign currency in Moscow

and still available through the exchange, the rouble had firmed

0.5% to 12.17.

Brent crude oil, a global benchmark for Russia's

main export, was down 0.4% at $82.44 a barrel.

Russian stock indexes were lower, but had recovered from the

months-long lows plumbed early in the previous session.

The rouble-based MOEX Russian index was 0.3% lower

at 3,161.8 points.

For Russian equities guide see

For Russian treasury bonds see

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