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Rouble falls to 1-week low against dollar ahead of Putin-Biden call

Mount Equity Group Tokyo, Japan > News > Markets > Rouble falls to 1-week low against dollar ahead of Putin-Biden call

MOSCOW, Dec 30 (Reuters) – The rouble weakened to a more than one-week low against the dollar on Thursday ahead of a phone call between President Vladimir Putin and his U.S. counterpart, Joe Biden, at a time of strained Moscow-Washington relations over Ukraine.

At 0744 GMT, the rouble was 0.4% lower against the dollar at 74.29 , its weakest since Dec. 22.

It was down 0.3% at 84.10 against the euro , close to a one-month low hit in the previous session.

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The rouble has been under increased geopolitical pressure since October as Western nations have expressed concerns about Russia’s military build-up near neighbouring Ukraine. Moscow says it can move its army around its own territory as it deems necessary.

Putin and Biden will speak at 2030 GMT as Washington crafts a common response with European allies to Russia’s military moves near Ukraine, with upcoming security talks between…

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