The rouble was stable in early trade on Tuesday, bolstered by a 16-month high versus the euro-dollar basket on Monday and strong oil prices. At 6.40 GMT this morning, the rouble was trading at 33.46 versus the euro-dollar basket, little changed from yesterday’s close and very near the presumed intervention level of the Russian central [...]

The rouble continued on its upward trend today, recovering the losses of Monday, as oil prices and stock values strengthened and exporters prepared to make rouble tax payments. At 6.30am GMT, the rouble had strengthened by 8 kopecks to reach 33.67 against the euro-dollar basket, nearing the 16-month high of 33.60 that it hit last [...]

Having hit a new 15-month high on Monday, the rouble steadied in trading today. However, analysts predict that it is likely to strengthen again when monthly tax payments are due and by the upcoming roadshow for Russia’s Eurobond. Russian exporters are expected to convert their euro and dollar currency into roubles to meet tax payments [...]

The Russian rouble reached a new 15-month high versus the euro-dollar basket on Monday. This was brought on by sturdy oil prices, which reached their highest levels in 18 months. At 6.40am GMT on Monday the rouble was trading at 33.75, nine kopecks up on Friday’s close, and its highest level since the latter part [...]