Russian rouble surges past 94 vs dollar on US prisoner deal
Adds new market data in paragraph 2, background in paragraph 5
MOSCOW, Feb 12 (Reuters) - The Russian rouble surged by almost 3% against the U.S. dollar on Wednesday after a deal between Russia and the United States brought home an American school teacher who was detained and sentenced in Russia.
At 0910 GMT, the rouble RUB= was at 93.70 against the dollar, the highest level for the Russian currency since October 4, 2024, according to data from the over-the-counter market.
The rouble is up about 15% against the U.S. dollar so far this year. It strengthened 1.8% to 12.68 against China's yuan, the most traded foreign currency in Russia, on the Moscow Stock Exchange.
"The positive news background, promising a reduction in geopolitical tensions, continues to strengthen, and this factor is currently playing a significant role in supporting the rouble," said Denis Popov from PSB bank.
The potential easing of Russia-U.S. tensions following President Donald Trump's pledge to quickly end the war between Ukraine and Russia has been a major factor behind the rouble's rally since the start of the year
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