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Markets

Russian rouble down on U.S.-China trade war risks, weak oil

The Russian rouble opened weaker on Monday, under pressure from the U.S.-China trade war and weak oil prices.
Published October 7, 2019
  • The Russian rouble opened weaker on Monday, under pressure from the U.S.-China trade war and weak oil prices.
  • The rouble was 0.26pc weaker against the dollar at 64.76 and had lost 0.22pc to trade at 71.11 versus the euro.

MOSCOW: The Russian rouble opened weaker on Monday, under pressure from the U.S.-China trade war and weak oil prices.

At 0703 GMT, the rouble was 0.26pc weaker against the dollar at 64.76 and had lost 0.22pc to trade at 71.11 versus the euro.

Brent crude oil, a global benchmark for Russia's main export, was flat at $58.4 a barrel.

Russian stock indexes were down.

The dollar-denominated RTS index was down 0.18pc to 1,309.4. The rouble-based MOEX Russian index was down 0.2pc at 2,686.2.

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