Global Markets React to Turmoil in Russia and Economic Uncertainty

The dollar rose against the rouble, but pulled back from a 15-month high, while the yen gained modestly against the greenback following comments from Japan's top currency diplomat. The Russian rouble weakened 0.90% versus the greenback at 84.40 per dollar after hitting its weakest level since March 2022. The dollar index fell 0.049% at 102.680, with safe-haven support helping to keep it near the unchanged mark as concerns about a slowing global economy linger in the midst of aggressive tightening actions by multiple central banks around the globe.