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2.1

Ruble Steady vs Major Currencies Despite Oil Slide

The ruble held nearly flat against the yuan and other major pairs on the Moscow Exchange despite falling oil prices, suggesting resilience or offsetting capital flows. The stability is notable given Russia's oil export dependence, but the move is modest and within recent trading ranges.

Interfax2 days agoRU, CNCredibility 42%View source

Score Breakdown

Mosaic Score2.1
Confidence0.5
Significance0.1
Source credibility0.4

Intelligence Tags

Locations

Moscow

Entities

countrycountrymarket
Source

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