BR100 Decreased By (-0.85%)
BR30 Decreased By (-1%)
KSE100 Decreased By (-0.71%)
KSE30 Decreased By (-0.75%)
AGHA 7.69 Decreased By ▼ -0.12 (-1.54%)
BECO 5.16 Decreased By ▼ -0.05 (-0.96%)
BML 57.45 Decreased By ▼ -0.05 (-0.09%)
BOP 33.86 Decreased By ▼ -0.17 (-0.5%)
CNERGY 9.93 Decreased By ▼ -0.03 (-0.3%)
CSIL 5.26 Decreased By ▼ -0.05 (-0.94%)
FCCL 53.20 Decreased By ▼ -1.50 (-2.74%)
FFL 16.61 Decreased By ▼ -0.08 (-0.48%)
FNEL 1.22 Decreased By ▼ -0.01 (-0.81%)
KEL 7.25 Decreased By ▼ -0.15 (-2.03%)
KOSM 5.77 No Change ▼ 0.00 (0%)
LOTCHEM 29.15 Decreased By ▼ -0.17 (-0.58%)
MLCF 92.20 Decreased By ▼ -2.16 (-2.29%)
NBP 201.80 Decreased By ▼ -1.25 (-0.62%)
NCPL 56.89 Decreased By ▼ -0.11 (-0.19%)
NPL 66.95 Decreased By ▼ -0.75 (-1.11%)
OGDC 315.00 Decreased By ▼ -0.84 (-0.27%)
PACE 10.52 Decreased By ▼ -0.12 (-1.13%)
PAEL 42.27 Decreased By ▼ -0.93 (-2.15%)
PIBTL 16.50 Decreased By ▼ -0.24 (-1.43%)
PPL 216.59 Decreased By ▼ -3.19 (-1.45%)
PRL 50.81 Increased By ▲ 1.62 (3.29%)
PTC 70.00 Decreased By ▼ -0.53 (-0.75%)
SSGC 26.74 Decreased By ▼ -1.51 (-5.35%)
TBL 9.80 Decreased By ▼ -0.06 (-0.61%)
TELE 8.67 Decreased By ▼ -0.12 (-1.37%)
TPL 18.40 Increased By ▲ 0.16 (0.88%)
TPLP 13.62 Increased By ▲ 0.35 (2.64%)
TREET 22.51 Decreased By ▼ -0.21 (-0.92%)
TRG 59.31 Decreased By ▼ -0.83 (-1.38%)
Markets

Rouble reverses gains after Brussels attacks

Published Updated

imageMOSCOW: The Russian rouble weakened on Tuesday after news of explosions at Brussels airport and a metro station, reversing gains seen at opening.

At 0842 GMT, the rouble was 0.4 percent weaker against the dollar at 68.10, weakening swiftly in reaction to news of the explosions in Brussels.

The rouble was also down 0.1 percent to trade at 76.32 versus the euro.

Safe-haven assets have risen globally after news of the explosions.

The rouble opened higher on Tuesday, helped by stronger crude prices and increased interest in the currency from foreign investors who have been pushing trading volumes up.

"The interest of foreign investors is also visible in the significantly higher transactions turnover," Rosbank analysts wrote in a note.

They said the volume of daily transactions has averaged $5.3 billion per day since the beginning of the month, compared to $4.4 billion in February.

Russian share indexes also were lower after the Brussels explosions.

The dollar-denominated RTS index was down 0.6 percent to 879 points, while the rouble-based MICEX was 0.1 percent lower at 1,904 points.

Copyright Reuters, 2016

Comments

Comments are closed for this article.