MOSCOW — The Russian rouble slumped to an eight-month low against the dollar on Thursday, struggling under the weight of expectations that sanctions on Russian oil and gas may limit export revenues.
By 0717 GMT, the rouble was 0.9% weaker against the dollar at 72.83, its weakest point since April 27.
The rouble has now lost around 15% to the dollar since the price cap came into force on Dec. 5.
Russia’s economy is also on shaky ground heading into 2023. November economic data on Wednesday gave signs that a labor shortage linked to Putin’s late September partial mobilization order was hurting growth prospects.
Russian stock indexes were mixed.
The dollar-denominated RTS index was down 0.8% to 926.5 points. The rouble-based MOEX Russian index was 0.1% higher at 2,141.5 points.
For Russian equities guide see
For Russian treasury bonds see (Reporting by Alexander Marrow; Editing by Tom Hogue and Angus MacSwan)