Volatile rouble recovers from near 8-month low ...Middle East

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Volatile rouble recovers from near 8-month low
source : Devdiscourse ( Middle East ) () 28
The rouble clawed back some of this week's hefty losses after sinking to a near eight-month low in a volatile session on Thursday, as the prospect of a favourable month-end tax period mitigated concerns over sanctions on Russian oil and gas. By 1641 GMT, the rouble was up 2.9% against the dollar at 68.95 after earlier hitting 72.6325, its weakest since April 28, which had taken monthly losses to more than 15%.

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