Small font size A Larger text size A Largest text size A

Russian rouble remains flat vs US dollar

BY Reuters | ECONOMIC | 01/17/25 06:39 AM EST

MOSCOW, Jan 17 (Reuters) - The Russian rouble was flat against the U.S. dollar for a fourth consecutive session on Friday, as expectations of an easing of Russia-U.S. tensions under President-elect Donald Trump, higher oil prices and central bank forex sales offset the impact of new U.S. energy sanctions.

The rouble traded at 102.50 to the dollar at 1130 GMT, unchanged from the previous day, over-the-counter market data showed. The rouble weakened by 0.2% to 13.94 against China's yuan in trading on the Moscow Stock Exchange (MOEX).

One-day rouble/dollar futures, which trade on MOEX and are a guide for the over-the-counter exchange rate, were down 0.2% to 103.46. The Russian central bank set the official exchange rate at 102.38. (Reporting by Gleb Bryanski; Editing by Toby Chopra)

More Fixed Income News

Form 424B2 ROYAL BANK OF CANADA BY EDGAR SEC Filings |ECONOMIC 09:23 AM EST
Form 424B2 ROYAL BANK OF CANADA BY EDGAR SEC Filings |ECONOMIC 09:14 AM EST
Form 424B2 ROYAL BANK OF CANADA BY EDGAR SEC Filings |ECONOMIC 09:11 AM EST
2024 Year-End U.S. Marketing Jobs Report: Entry- to Mid-Level Hiring Grows, Dual-Function Roles Rise, and Executive Salaries Decline BY PR Newswire |ECONOMIC 09:09 AM EST

All Fixed Income News

In general the bond market is volatile, and fixed income securities carry interest rate risk. (As interest rates rise, bond prices usually fall, and vice versa. This effect is usually more pronounced for longer-term securities.) Fixed income securities also carry inflation risk and credit and default risks for both issuers and counterparties. Unlike individual bonds, most bond funds do not have a maturity date, so avoiding losses caused by price volatility by holding them until maturity is not possible.

Lower-quality debt securities generally offer higher yields, but also involve greater risk of default or price changes due to potential changes in the credit quality of the issuer. Any fixed income security sold or redeemed prior to maturity may be subject to loss.

Before investing, consider the funds' investment objectives, risks, charges, and expenses. Contact Fidelity for a prospectus or, if available, a summary prospectus containing this information. Read it carefully.

fir_news_article