Might 30 (Reuters) – The rouble fell to a greater than one-month low towards the greenback on Tuesday as drones attacked Moscow and the Russian foreign money misplaced the assist of a beneficial tax interval.
Ukraine launched considered one of its largest drone assaults on Moscow, in line with Russia, whose defence ministry mentioned all had been destroyed approaching the town. Kyiv had no rapid remark, however has not publicly acknowledged launching assaults towards targets inside Russia.
At 0646 GMT, the rouble was 0.5% weaker towards the greenback at 81.24, earlier hitting 81.39, its weakest level since April 28. It had misplaced 0.2% to commerce at 86.99 versus the euro and had shed 0.4% towards the yuan to 11.43.
Month-end tax funds, which normally assist the rouble as exporters convert international foreign money income to fulfill native liabilities, had been due on Monday.
“The rouble yesterday misplaced assist from the tax interval, which by no means significantly strengthened it,” Alor Dealer mentioned in a be aware.
Brent crude oil, a world benchmark for Russia’s important export, was down 0.7% at $76.56 a barrel.
(Reporting by Alexander Marrow. Modifying by Gerry Doyle)