This morning.
Via Street Register:
The Russian rouble hit a two-year-high against the euro. However, it stabilized near Monday’s close. It is a week in which tax payments support the currency. Investors are also looking forward to a rate cut Friday.
After earlier reaching 75.95 at 8:17 GMT, 0.3% had been gained by the rouble to trade at 76.190 against the euro. This was its best mark since February 2020. The rouble was 0.1% higher against the dollar at 73.2.
Oh.
Meanwhile…
European Union companies may be able to comply with Kremlin demands that they pay for Russian pipe gas in roubles, instead of dollars or euros which are part of the original contracts, without disrupting the bloc’s sanctions against Moscow for its illegal invasion of Ukraine in February.
EU mulls paying for Russian gas in roubles (Energy News Bulletin)
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