Russian Rouble coins are seen in front of displayed descending stock graph in this illustration taken, February 24, 2022. REUTERS/Dado Ruvic/Illustration
Register now for FREE unlimited access to Reuters.com
Register
May 13 (Reuters) – The Russian rouble firmed past 63 per dollar in Moscow on Friday for the first time since early February 2020 and touched a fresh five-year high versus the euro, supported by continuing restrictions on currency trading.
The rouble has become the world’s best-performing currency this year thanks to artificial support from capital controls that Russia imposed to shield its financial sector in late February after sending tens of thousands of troops into Ukraine.
At 0723 GMT, the rouble was steady against the dollar at 63.32 , earlier touching 62.6250, its strongest mark since Feb. 5, 2020, but banks are offering to buy roubles at much weaker levels.
Register now for FREE unlimited access to Reuters.com
Register
Read more…
