Russian Rouble Hits Near 2-Year High Vs Euro

Russian Rouble Hits Near 2-Year High Vs Euro
Russian rouble coins in this illustration picture taken on March 25, 2021. Maxim Shemetov/Illustration/Reuters
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(Reuters) -The Russian rouble strengthened on Monday, firming past 77 against the euro to a near two-year high, helped by tax payments that companies are due to make this week and as the market looked ahead to a central bank rate decision on Friday.

By 2:53 p.m. GMT, the rouble had gained 3.6 percent to trade at 77.25 versus the euro, earlier clipping 76.96, its strongest mark since June 2020.