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Russian rouble strengthens against US dollar, stocks rise

Reuters ECONOMY
Published May 02,2024
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The Russian rouble strengthened against the U.S. dollar on Thursday.

By 0756 GMT, the rouble was 0.8% higher at 92.30 to the dollar.

Against the euro, the rouble rose 0.7% to 99.02 and gained 0.7% to 12.71 against the yuan .

Brent crude oil, a global benchmark for Russia's main export, rose 0.9% to $84.16 a barrel.

Russian stock indexes rose. The dollar-denominated RTS index rose 0.96% at 1,185.98. The rouble-based MOEX Russian index gained 0.16% at 3,475.38.