Russian rouble weakens in thin holiday trade
Jan 3 (Reuters) - The Russian rouble weakened against the dollar on Friday in thin trade as Russia is marking a public holiday until Jan. 9.
One-day rouble/dollar futures, which trade on the Moscow Exchange and are a guide for the over-the-counter exchange rate, were down 1% to 101.61 by 0858 GMT. The Russian central bank's last official exchange rate was set at 101.68.
On the interbank market, the rouble RUB= was hovering at 110.50, recovering slightly after slumping to a near three-year low of almost 115 in the previous session, when the currency was not traded in Moscow.
Sanctions on Moscow Exchange and its clearing agent, the National Clearing Centre (NCC), led to a range of varying prices and spreads as trading shifted to the over-the-counter (OTC) market in June 2024, obscuring access to reliable pricing for the Russian currency.
The rouble weakened 0.8% to 13.82 against China's yuan on Moscow Exchange trading.
Brent crude oil LCOc1, a global benchmark for Russia's main export, was down 0.2% at $75.79 a barrel.
(Reporting by Alexander Marrow; Editing by Mark Trevelyan)
((alexander.marrow@thomsonreuters.com;))
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