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Russian rouble weakens slightly as tax-driven FX sales wind down
The Russian rouble weakened against the US dollar and euro on Wednesday in thin trading, with exporters having largely finished selling foreign currency for tax purposes. The rouble was down 0.15% against the dollar at 91.80 at 0700 GMT and had lost 0.3% to 101.38 versus the euro. Brent crude oil, a global benchmark for Russia’s main export, edged up by 0.1% to $81.15 a barrel as some major shippers prepared to resume passage through the Red Sea trade route despite continued attacks and broader Middle East tensions. Bogdan Zvarich, analyst at Russian financial services online marketplace banki.ru, said support for ... (full story)
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