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Thursday, April 6, 2023

Fundamental: Russian rouble weakens past 80 vs US dollar for first time in almost a year

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Alert Alert Apr 6, 2023, 5:00pm
 
Fundamental: Russian rouble weakens past 80 vs US dollar for first time in almost a year
The Russian rouble fell to a near one-year low past 80 to the dollar on Thursday as lower foreign exchange supplies and capital outflows combined with limited liquidity to outweigh support from relatively strong oil prices. At 0641 GMT, the rouble was 0.3% weaker against the dollar at 80.09, earlier hitting 80.24, its weakest since April 18, 2022. It lost ...
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