Rouble, Russian stocks hit over 5-week highs in early Moscow trade

Rouble, Russian stocks hit over 5-week highs in early Moscow trade
A Russian rouble banknote is seen in front of a descending and rising stock graph in this illustration taken on March 1, 2022. Dado Ruvic/Illustration/Reuters
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The Russian rouble touched a more than five-week high in early Moscow trade on Friday before settling in the 83–84 range to the dollar, and Russian stocks climbed, with investors eyeing events in Ukraine and an ongoing gas payments saga.

By 1319 GMT, the rouble was 0.2 percent weaker against the dollar at 83.37, earlier clipping 80.3325, its strongest mark since Feb. 23. It had gained 0.2 percent to trade at 92.31 versus the euro.