Rouble hits more than 14-month low past 85 against dollar

 

The Russian rouble weakened on Wednesday for the second session running, sliding to a more than 14-month low beyond 85 against the dollar, weighed down by limited foreign currency supply.

By 0806 GMT, the rouble was 0.3% weaker against the dollar at 84.59, earlier hitting 85.03, its weakest point since early April 2022.

It had lost 0.4% to trade at 91.30 versus the euro and had shed 0.4% against the yuan to 11.79 , hitting an around seven-week low against both.