Dollar Surges to 15-month High Against Russia’s Rouble on Aborted Mutiny

Dollar Surges to 15-month High Against Russia’s Rouble on Aborted Mutiny
U.S. dollar notes are seen in front of a stock graph in this Nov. 7, 2016 picture illustration. Dado Ruvic/Illustration/Reuters
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LONDON/SINGAPORE—The U.S. dollar rose to a 15-month high against the rouble on Monday after dramatic weekend events in Russia, which saw an aborted mutiny by armed mercenaries.

The dollar index also found some safe-haven support on lingering worries that the protracted monetary tightening cycles from major central banks would further hurt the global economic outlook.