The rouble strengthened on Friday, heading towards the 71 mark against the dollar as a highly volatile year drew to a close, with the final month of trading dominated by fears over the impact of a Western oil price cap on Russia's export revenues.
At 0708 GMT, the rouble was 1.3% stronger against the dollar at 71.22 , recovering some ground from the eight-month low of 72.9175 hit in the previous session.
Recovering imports, which collapsed in the wake of Russia sending tens of thousands of troops into Ukraine as the West imposed sanctions and companies left the market, have also contributed to the rouble's weakening.
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