MOSCOW (Reuters) – The Russian rouble firmed towards the U.S. greenback and euro on Thursday, receiving help from month-end company taxes.

At 0743 GMT, the rouble was 0.9% stronger towards the greenback at 90.46.

It had gained 0.5% to commerce at 100,70 versus the euro and in addition firmed 0.5% towards the yuan to 12,67.

“The rouble continues to strengthen for the fourth day in a row. Thus, we are able to say that the measures taken by the authorities to curb the rouble’s decline are clearly working,” stated Alor Dealer’s Alexei Antonov.

Since October and the rouble’s most up-to-date slide to 100 towards the greenback, a presidential decree forcing exporters to transform some international foreign money income has supplied help, as have elevated rates of interest.

, a worldwide benchmark for Russia’s primary export, rose 0.05% to $79.69 a barrel.

Russian inventory indexes had been blended.

The dollar-denominated RTS index was up 0.59% at 1,075.02. The rouble-based MOEX Russian index was 0.34% decrease at 3,086.94.

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