AGL 40.10 Increased By ▲ 0.10 (0.25%)
AIRLINK 131.00 Increased By ▲ 1.47 (1.13%)
BOP 6.84 Increased By ▲ 0.16 (2.4%)
CNERGY 4.71 Increased By ▲ 0.08 (1.73%)
DCL 8.99 Increased By ▲ 0.05 (0.56%)
DFML 42.75 Increased By ▲ 1.06 (2.54%)
DGKC 84.30 Increased By ▲ 0.53 (0.63%)
FCCL 33.05 Increased By ▲ 0.28 (0.85%)
FFBL 76.70 Increased By ▲ 1.23 (1.63%)
FFL 11.56 Increased By ▲ 0.09 (0.78%)
HUBC 111.00 Increased By ▲ 0.45 (0.41%)
HUMNL 14.70 Increased By ▲ 0.14 (0.96%)
KEL 5.46 Increased By ▲ 0.07 (1.3%)
KOSM 8.51 Increased By ▲ 0.11 (1.31%)
MLCF 39.80 Increased By ▲ 0.01 (0.03%)
NBP 60.90 Increased By ▲ 0.61 (1.01%)
OGDC 198.25 Decreased By ▼ -1.41 (-0.71%)
PAEL 26.80 Increased By ▲ 0.15 (0.56%)
PIBTL 7.94 Increased By ▲ 0.28 (3.66%)
PPL 158.32 Increased By ▲ 0.40 (0.25%)
PRL 26.64 Decreased By ▼ -0.09 (-0.34%)
PTC 18.65 Increased By ▲ 0.19 (1.03%)
SEARL 82.40 Decreased By ▼ -0.04 (-0.05%)
TELE 8.33 Increased By ▲ 0.02 (0.24%)
TOMCL 34.46 Decreased By ▼ -0.05 (-0.14%)
TPLP 9.25 Increased By ▲ 0.19 (2.1%)
TREET 17.40 Decreased By ▼ -0.07 (-0.4%)
TRG 61.70 Increased By ▲ 0.38 (0.62%)
UNITY 27.75 Increased By ▲ 0.32 (1.17%)
WTL 1.37 Decreased By ▼ -0.01 (-0.72%)
BR100 10,500 Increased By 93.7 (0.9%)
BR30 31,876 Increased By 162.7 (0.51%)
KSE100 97,996 Increased By 667.7 (0.69%)
KSE30 30,390 Increased By 197.1 (0.65%)

The Russian rouble hit a six-week high against the dollar on Monday, supported by higher oil prices and domestic month-end tax payments from major companies despite downward pressure from the central bank's resumption of forex purchases.
At 0720 GMT, the rouble was 0.2 percent weaker against the dollar at 66.39, crossing the 66.10 threshold for the first time since December 7, and had lost 0.4 percent to trade at 75.57 versus the euro. The rouble has so far resisted the downside effect of the central bank's forex purchases, which it resumed on January 15. Russian stock indexes were up on Monday, reaching a 3.5-month high in reaction to growing oil prices. The dollar-denominated RTS index was up around 0.1 percent to 1177.42 points. The rouble-based MOEX Russian index was also 0.1 percent higher at 2475.73 points. The Russian central bank, which said it purchased the equivalent of 15.6 billion roubles ($235.06 million) of forex for state reserves on January 17, has said Russia's strong current account in the first quarter and a sufficient amount of foreign currency in the financial system would ease the impact of the state's forex purchases on the rouble.

Copyright Reuters, 2019

Comments

Comments are closed.