The Russian rouble steadied on Monday near multi-year peaks, supported by capital controls, and may continue firming later this month due to month-end tax payments.
The rouble eased 0.2% to 56.52 against the dollar and 0.5% to 59.18 against the euro.
Still hovering near its strongest level in nearly five years of 57.10 it hit in May.
The rouble is steered by Russia’s high proceeds from commodity exports and a sharp drop in imports.
Russian stock indexes were mixed, lacking momentum.
The dollar-denominated RTS index slid 0.2% to 1,312.9 points.
The rouble-based MOEX Russian index was 0.2% higher at 2,358.8 points.
This report’s information was first seen on Reuters; to read more, click this link.
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