Brent crude oil, a global benchmark for Russia's main export, plunged in December to its lowest in more than a year because of supply glut fears, sending the rouble to its weakest since mid-September. Activity on the Russian market is expected to remain low until January 9, when Russian holidays end. The Moscow Exchange will be closed from December 30 to January 2 and on January 5-7.
Russian stock indexes were up on Saturday following a rally on the Wall Street. The dollar-denominated RTS index adding 0.4 percent to 1,070 points. The rouble-based MOEX Russian index was 0.16 percent higher at 2,362 points.