June 30 Reuters The Russian rouble slumped to a more than 15month low against the dollar and euro on Friday, weighed down by domestic political risk concerns after an aborted armed mutiny over the weekend and lacking support drivers.
By 0734 GMT, the rouble was 0.8 weaker against the dollar at 88.26 after earlier hitting 88.6775, its weakest point since March 29, 2022.
It lost 0.9 to trade at 95.97 versus the euro after also hitting a 15month low of 96.3225. It shed 0.7 against the yuan to 12.15 , earlier clipping a more than 14month low.
The rouble continues to crumble, Alor Broker said in a note. It lost another 1.4 in value yesterday, despite stabilising oil.
The target for the dollarrouble pair of 90 is approaching and is likely to be reached.
Capital controls have helped insulate the rouble against geopolitics in the 16 months since Russia invaded Ukraine, but mercenary leader Yevgeny Prigozhin39;s aborted weekend march toward Moscow reverberated through markets and left questions over President Vladimir Putin39;s grip on power.
The rouble lost a key support factor on Wednesday as a monthend tax period that typically sees exporters convert foreign currency revenues to meet local liabilities passed.
Brent crude oil , a global benchmark for Russia39;s main export, was up 0.4 at 74.70 a barrel.
Russian stock indexes were lower.
The dollardenominated RTS index was down 1.3 to 994.2 points. The roublebased MOEX Russian index was 0.4 lower at 2,785.8 points….