financetom
World
financetom
/
World
/
Russian rouble hovers near one-month high ahead of expected rate hold
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
Russian rouble hovers near one-month high ahead of expected rate hold
Apr 26, 2024 12:12 AM

April 26 (Reuters) - The Russian rouble hovered near a

one-month high of around 92 to the dollar on Friday, ahead of a

rate-setting meeting by the central bank at which it is widely

expected to leave borrowing costs unchanged for the third time

in a row.

At 0653 GMT, the rouble was steady against the dollar at

91.96, earlier hitting 91.8975, its strongest

since March 27.

All 26 analysts polled by Reuters this week expect the Bank

of Russia to keep interest rates unchanged at 16%, with the

gradual slowdown of inflation preventing the central bank from

easing borrowing costs more quickly.

The rouble had lost 0.1% to trade at 98.75 versus the euro

and shed 0.1% against the yuan to 12.67

.

Brent crude oil, a global benchmark for Russia's

main export, was up 0.5% at $89.41 a barrel.

Comments
Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
Related Articles >
Tech Rally Visits Asian Stock Markets; Drug Issuers Sag
Tech Rally Visits Asian Stock Markets; Drug Issuers Sag
Sep 11, 2025
06:49 AM EDT, 09/11/2025 (MT Newswires) -- Asian stock markets tracked unevenly higher Thursday, as investors weighed prospects for interest-rate leniency from major global central banks, and the AI-related fortunes of the tech-sector. Shanghai and Tokyo finished in the green, although Hong Kong edged lower. Other regional exchanges were also mixed on the north side. In Japan, the Nikkei 225...
Morning Bid: Another day, another AI record
Morning Bid: Another day, another AI record
Sep 11, 2025
LONDON (Reuters) - What matters in U.S. and global markets today By Anna Szymanski, Editor-in-Charge, Reuters Open Interest  Oracle's skyrocketing share price lifted Asian equities on Thursday, as AI enthusiasm shows no signs of abating. Meanwhile, European markets remain in wait-and-see mode ahead of the European Central Bank's rate decision later today. The focus will be less on what the...
EMERGING MARKETS-Turkish markets await rate decision; EM stocks flat overall
EMERGING MARKETS-Turkish markets await rate decision; EM stocks flat overall
Sep 11, 2025
* EM stocks flat overall * Turkey rate decision due at 1100 GMT * Romania inflation 9.85% y/y in August By Pranav Kashyap and Twesha Dikshit Sept 11 (Reuters) - Turkish markets nervously awaited a rate decision at 1100 GMT on Thursday, while other emerging market stocks rose slightly. The lira slipped and Istanbul stocks were marginally higher as traders...
MORNING BID AMERICAS-Another day, another AI record
MORNING BID AMERICAS-Another day, another AI record
Sep 11, 2025
(The opinions expressed here are those of the author.) By Anna Szymanski LONDON, Sept 11 (Reuters) - What matters in U.S. and global markets today By Anna Szymanski, Editor-in-Charge, Reuters Open Interest Oracle's skyrocketing share price lifted Asian equities on Thursday, as AI enthusiasm shows no signs of abating. Meanwhile, European markets remain in wait-and-see mode ahead of the European...
Copyright 2023-2026 - www.financetom.com All Rights Reserved