Russian rouble little changed in muted trading before Russian public holidays
MOSCOW, April 27 (Reuters) -The rouble was little changed against major currencies on Saturday with low liquidity and activity on what was an official working day in Russia ahead of a series of public holidays in May.
Trading activity was subdued and most international markets were closed due to the weekend.
By 0821 GMT the rouble was 0.1% weaker against the dollar at 91.79 RUBUTSTN=MCX. The Russian currency gained 0.4% to trade at 97.80 versus the euro EURRUBTN=MCX and was 0.02% stronger against the yuan at 12.57 CNYRUBTOM=MCX.
The upcoming May holidays in Russia are expected to bring volatility risks for the rouble. This period spans not only the official public holidays themselves (April 29-30 and May 10) but also the weekdays inbetween (May 2-3 and May 6-8).
Reporting by Vladimir Abramov
Writing by Maxim Rodionov
Editing by Andrew Osborn
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