The rouble recovered on Monday due to stable oil prices, profit taking and local tax payments. However, market participants predict the currency’s volatility to continue in the midst of global financial issues.
Against the euro-dollar basket, the rouble gained 41 kopecks on Monday to 34.78. Against the dollar, the rouble was up 13 kopecks to 31.05 [...]

The International Monetary Fund (IMF) has predicted a modest recovery for the Russian economy next year, with growth of 3.5 per cent, but warned that credit expansion would be heavily pressurised by bad bank loans.
Russia came out of recession in the third quarter, with a growth rate of 0.6 per cent, quarter-on-quarter. The rouble is [...]

Europe’s aid package for Greece saw the rouble gain the most in more than four months when trading opened on Tuesday after a public holiday.
The Russian currency rose 0.6 per cent against the euro to 38.6000. The movements left the rouble at 33.9686 against the central bank’s target currency basket, which is used to manage [...]

The rouble strengthened versus the euro-dollar basket in early morning trading today, bolstered by strong oil prices.
At 6.23 GMT the rouble had risen by 6 kopecks against the euro-dollar basket to 33.49, only 9 kopecks away from the current presumed Russian central bank floating currency boundary. The central bank monitors the rouble’s shifts within a [...]