(Reuters) - The rouble firmed against the euro on Monday while trading little changed against the dollar, in a week when companies' need for roubles to ...
- The rouble firmed against the euro on Monday while trading little changed against the dollar, in a week when companies' need for roubles to settle end-of-month tax payments should lend theSaltWire's Atlantic regional weather forecast for September 25, 2023 | SaltWire - The rouble firmed against the euro on Monday while trading little changed against the dollar, in a week when companies' need for roubles to settle end-of-month tax payments should lend the Russian currency some...
On global forex markets, the euro was at its weakest since March 16 against the dollar, reflecting views that the European Central Bank is unlikely to raise rates further, whereas the Federal Reserve set out a hawkish rate outlook last week. The move should lead to extra government revenues - as much as 600 billion roubles per year, according to seven Reuters sources - and could also buttress the rouble.
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