BR100 Increased By (0.11%)
BR30 Decreased By (-0.26%)
KSE100 Increased By (0.12%)
KSE30 Increased By (0.09%)
AGHA 7.81 Increased By ▲ 0.06 (0.77%)
BECO 5.21 Increased By ▲ 0.02 (0.39%)
BML 57.50 Decreased By ▼ -1.16 (-1.98%)
BOP 34.03 Increased By ▲ 0.34 (1.01%)
CNERGY 9.96 Decreased By ▼ -0.65 (-6.13%)
CSIL 5.31 Increased By ▲ 0.01 (0.19%)
FCCL 54.70 Increased By ▲ 0.96 (1.79%)
FFL 16.69 Increased By ▲ 0.23 (1.4%)
FNEL 1.23 Increased By ▲ 0.01 (0.82%)
KEL 7.40 Increased By ▲ 0.12 (1.65%)
KOSM 5.77 Increased By ▲ 0.13 (2.3%)
LOTCHEM 29.32 Decreased By ▼ -0.33 (-1.11%)
MLCF 94.36 Decreased By ▼ -2.00 (-2.08%)
NBP 203.05 Decreased By ▼ -0.48 (-0.24%)
NCPL 57.00 Increased By ▲ 0.15 (0.26%)
NPL 67.70 Increased By ▲ 0.39 (0.58%)
OGDC 315.84 Decreased By ▼ -2.38 (-0.75%)
PACE 10.64 Increased By ▲ 0.01 (0.09%)
PAEL 43.20 Increased By ▲ 1.43 (3.42%)
PIBTL 16.74 Decreased By ▼ -0.07 (-0.42%)
PPL 219.78 Decreased By ▼ -0.39 (-0.18%)
PRL 49.19 Increased By ▲ 0.14 (0.29%)
PTC 70.53 Increased By ▲ 0.52 (0.74%)
SSGC 28.25 Decreased By ▼ -0.89 (-3.05%)
TBL 9.86 Increased By ▲ 0.09 (0.92%)
TELE 8.79 Decreased By ▼ -0.03 (-0.34%)
TPL 18.24 Increased By ▲ 1.07 (6.23%)
TPLP 13.27 Increased By ▲ 0.76 (6.08%)
TREET 22.72 Increased By ▲ 0.13 (0.58%)
TRG 60.14 Decreased By ▼ -0.08 (-0.13%)
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.