MOSCOW, Jan 9 (Reuters) - The Russian rouble
strengthened against the U.S. dollar, but weakened against
China's yuan, as trading picked up after the New Year holiday.
At 0815 GMT, the rouble was up 2.3% at 101.90 against
the dollar, over-the-counter market data showed. The Russian
currency was down 0.8% to 13.64 against the 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 up 0.6% at
102.99. The Russian central bank's last official exchange rate
was set in late December at 101.68.
"As trading becomes more active, liquidity will improve, and
the exchange rate data will become more indicative," BCS
brokerage analysts wrote.
Sanctions on MOEX and its clearing agent, the National
Clearing Centre (NCC), led to varying prices and spreads as
trading in dollars and euros shifted to the over-the-counter
market in June 2024.