Russian rouble dives to over 2-week lows as tax period ends

Russian rouble dives to over 2-week lows as tax period ends

MOSCOW (Reuters) -The Russian rouble gave up early gains on Thursday to plunge to over two-week lows in volatile trade, pressured by the end of a favourable tax period and by expectations the government may try to curb the currency’s recent strengthening. Thursday marks the deadline for income tax payments that help support the rouble. This could see exporters cut back on selling their foreign currency earnings, although Russia’s…

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