Russia’s benchmark stock index strengthened to its highest point since the day Russia sent its troops into Ukraine in February 2022 on Monday, while the rouble firmed slightly against the U.S. dollar.
By 1025 GMT, the rouble-based MOEX Russian index .IMOEX gained 0.9% to 3,361.5 points, its strongest since Feb. 24, 2022. The dollar-denominated RTS index .IRTS rose 0.9% to 1,147.5 points.
The rouble RUBUTSTN=MCX was 0.2% higher at 92.29 to the dollar.
The rouble could face weakening risks in the coming days, said Yevgeny Loktyukhov of Promsvyazbank, as a favourable month-end tax period has ended and there could be pent-up demand for dollars and euros in the United States and Europe after the Easter break.
Against the euro, the rouble EURRUBTN=MCX rose 0.1% to 99.53 and dropped 0.1% to 12.69 against the yuan CNYRUBTOM=MCX.
Brent crude oil LCOc1, a global benchmark for Russia’s main export, fell 0.3% to $86.71 a barrel.
(Reuters)Stock index. stock index, rouble, Russia
