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Yuan exchange trading continues uninterrupted in Russia despite OFAC licence expiry

Yuan exchange trading continues uninterrupted in Russia despite OFAC licence expiry MOSCOW, Oct 14 (Reuters) - Trade in China's yuan proceeded as usual at the Moscow Stock Exchange (MOEX) on Monday, despite the expiry of a licence from the U.S. Treasury Department's Office of Foreign Assets Control (OFAC) on Oct. 12 that allowed banks to deal with MOEX.
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Russian rouble regains some ground lost in 'autumn slide'

Russian rouble regains some ground lost in 'autumn slide' MOSCOW, Oct 11 (Reuters) - The Russian rouble strengthened further on Friday after rallying by 1.2% against China's yuan in the previous session but remained at one-year lows against all major currencies following a slide in recent weeks. At 0800 GMT, the rouble was up 0.5% against the yuan at 13.55, according to LSEG data.
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Russian rouble hits one-year lows against major currencies

Russian rouble hits one-year lows against major currencies MOSCOW, Oct 10 (Reuters) - The Russian rouble weakened further on Thursday, remaining at its lowest against the U.S. dollar and China's yuan since October 2023. At 0740 GMT the rouble RUB= was down 0.4% at 97.40 against the dollar, LSEG data showed. The rouble on Wednesday hit the 97 mark for the first time since October last year.
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Crude oil key to future direction of FX markets

BUZZ-COMMENT-Crude oil key to future direction of FX markets Oct 9 (Reuters) - Crude oil is key to the future direction of FX markets with the growing likelihood of lower prices likely to hurt the dollar while relieving pressure on a number of hard pressed currencies, including highly influential ones like China's yuan, India's rupee and Japan's yen.
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Russian rouble slips to its weakest against the dollar since October 2023

Russian rouble slips to its weakest against the dollar since October 2023 MOSCOW, Oct 9 (Reuters) - The Russian rouble weakened further on Wednesday, hitting its lowest against the U.S. dollar since October 2023, as sanctions risks and volatile oil outweighed increased foreign exchange sales by the state. At 1045 GMT the rouble RUB= was down 0.5% at 97.20 against the dollar, hitting the 97 mark for the first time since October last year, LSEG data showed.
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