Russian rouble hovers near 93 v dollar after Western sanctions

The Russian rouble hovered around 93 to the dollar on Monday, as traders responded to the latest Western sanctions imposed against Moscow after the market reopened following a long weekend. At 0753 GMT, the rouble was 0.1% stronger against the dollar at 92.74 and had lost 0.3% to trade at 100.32 versus the euro. Sanctions risk put the rouble under pressure last week, as the United States targeted more than 500 people and entities to mark the second anniversary of what Moscow calls a "special military operation" in Ukraine and retaliate for the death of Russian opposition leader Alexei Navalny.