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Ruble Weakens 2nd Day to Central Bank Basket as Tax Period Ends

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March 28 (Bloomberg) -- Ruble drops 0.3% to 35.0164 against basket by 7pm in Moscow, weakens less than 0.1% to 31.0535 against dollar. * “Positive impact of oil prices will be leveled out by

declining export revenue sale after today’s corporate income

tax payment,” analysts at OAO Rosbank led by Vladimir

Kolychev said in a note to clients * Russia’s monthly tax period ends today with 600 billion

rubles of payments due, according to Gazprombank estimates * Oil gains 0.2% to $96.80/bbl in NY

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To contact the reporter on this story: Alex Nicholson in Moscow at +7-495-771-7715 or

To contact the editor responsible for this story: Gavin Serkin at +44-20-7673-2467 or

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