Rouble remains under pressure, falling past 100 vs dollar

The Russian rouble weakened past 100 against the dollar before slightly recovering.
Foreign currency outflows and shrinking current account surplus contributed to the rouble's weakness.
The rouble previously fell into triple digits which led to an emergency rate hike by the Bank of Russia.
Brent crude oil, Russia's main export, was down but still above its 2023 average.
Analysts expect further monetary policy tightening by the central bank in October.