XM does not provide services to residents of the United States of America.

Russian rouble little changed vs US dollar despite pressure from lower oil



<html xmlns="http://www.w3.org/1999/xhtml"><head><title>Russian rouble little changed vs US dollar despite pressure from lower oil</title></head><body>

MOSCOW, Sept 11 (Reuters) -The Russian rouble was little changed against the U.S. dollar on Wednesday despite pressure from lower oil prices but it weakened against China's yuan.

At 0730 GMT, the rouble was down 0.9% at 12.70 against the yuan CNYRUB= and was flat at 91.10 against the dollar RUB=, LSEG data showed.

The rouble weakened 0.4% to 12.74 against the yuan in trade on the Moscow Stock Exchange.

Trading in major currencies in Russia has shifted to the over-the-counter (OTC) market, obscuring price data, since Western sanctions on the Moscow Exchange and its clearing agent, the National Clearing Centre, were introduced on June 12.

One-day rouble-dollar futures, which trade on the Moscow Exchange and are a guide for OTC market rates, were down 0.1% at 90.84. The central bank's official exchange rate, which it calculates using OTC data, was set at 91.11 to the dollar.

The rouble was down 1.3% at 101.61 against the euro EURRUB=, LSEG data showed.

Brent crude oil LCOc1, a global benchmark for Russia's main export, was up 0.6% at $70.14, paring some of the previous day's losses, when it hit its lowest since December 2021.



Reporting by Gleb Bryanski
Editing by Gareth Jones

</body></html>

Disclaimer: The XM Group entities provide execution-only service and access to our Online Trading Facility, permitting a person to view and/or use the content available on or via the website, is not intended to change or expand on this, nor does it change or expand on this. Such access and use are always subject to: (i) Terms and Conditions; (ii) Risk Warnings; and (iii) Full Disclaimer. Such content is therefore provided as no more than general information. Particularly, please be aware that the contents of our Online Trading Facility are neither a solicitation, nor an offer to enter any transactions on the financial markets. Trading on any financial market involves a significant level of risk to your capital.

All material published on our Online Trading Facility is intended for educational/informational purposes only, and does not contain – nor should it be considered as containing – financial, investment tax or trading advice and recommendations; or a record of our trading prices; or an offer of, or solicitation for, a transaction in any financial instruments; or unsolicited financial promotions to you.

Any third-party content, as well as content prepared by XM, such as: opinions, news, research, analyses, prices and other information or links to third-party sites contained on this website are provided on an “as-is” basis, as general market commentary, and do not constitute investment advice. To the extent that any content is construed as investment research, you must note and accept that the content was not intended to and has not been prepared in accordance with legal requirements designed to promote the independence of investment research and as such, it would be considered as marketing communication under the relevant laws and regulations. Please ensure that you have read and understood our Notification on Non-Independent Investment. Research and Risk Warning concerning the foregoing information, which can be accessed here.

Risk Warning: Your capital is at risk. Leveraged products may not be suitable for everyone. Please consider our Risk Disclosure.