Russian rouble firms on stronger oil

MOSCOW: The Russian rouble opened firmer on Monday as oil markets rose due to tensions in the Middle East.
At 0726 GMT, the rouble was 0.1 percent stronger against the dollar at 56.6 and had gained 0.1 percent to trade at 63.8 versus the euro.
Brent crude oil, a global benchmark for Russia's main export, was up 0.56 percent at $50.2 a barrel, pushed up by tensions in the Middle East where top exporter Saudi Arabia and other Arab states cut off ties with Qatar.
The Russian currency was also supported by companies' accumulation of roubles for approaching dividend payments.
Russian share indexes were also up.
The dollar-denominated RTS index was up 0.2 percent to 1048 points, while the rouble-based was 0.04 percent higher at 1883 points.