Ruble Opens At 15-Month Low Vs Dollar After Aborted Mutiny

A man walks past a currency exchange office in central Moscow (file photo)

The Russian ruble opened at a near 15-month low against the dollar in early morning trade on June 26, responding for the first time to an aborted mutiny by heavily armed mercenaries over the weekend. By 7:15 a.m. local time in Moscow, the ruble was 2.1 percent weaker against the dollar at 86.50, after earlier hitting 87.2300, its weakest point since late March 2022. It had lost 2.2 percent to trade at 94.37 versus the euro and shed 2.1 percent against the yuan to 11.95.