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2.1

Ruble Firms vs Yuan on Moscow Exchange as Oil Prices Stay Elevated

The ruble strengthened against the yuan at the start of trading on the Moscow Exchange, supported by high oil prices. This reflects continued ruble resilience driven by energy export revenues, though the move is limited to the onshore market and may not fully represent broader FX dynamics.

Interfax1 day agoRU, CNCredibility 47%View source

Score Breakdown

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

Intelligence Tags

Locations

Moscow

Entities

countrycountrymarket
Source

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