MOSCOW: The Russian rouble weakened further against the dollar on Monday as Russia evacuated parts of a second region adjoining Ukraine, six days after Kyiv launched its biggest incursion into Russian territory since the start of the war in 2022.
By 0900 GMT, the rouble was 1.9% weaker on the day at 90.30 to the dollar, according to LSEG data. The Russian currency has weakened in five consecutive sessions since the start of the attack, losing 6% of its value against the dollar.
Trading in major currencies shifted to the over-the-counter (OTC) market, obscuring pricing data, after Western sanctions on the Moscow Exchange and its clearing agent, the National Clearing Centre, were introduced on July 12.
One-day rouble-dollar futures, which trade on the Moscow Exchange and serve as guidance for the OTC market rates, were down 0.3% at 87.38.
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