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Russian rouble hits new 2016 high as Brent touches $40/bbl

MOSCOW, March 7 (Reuters) - The Russian rouble touched a new 2016 high of 71.44 to the dollar on Monday after Brent crude oil , a global benchmark for Russia’s main export, rose to $40 per barrel.

At 1538 GMT, the rouble was trading 0.42 percent higher at 71.67 per dollar. The rouble-based MICEX share index and its dollar-denominated peer RTS also extended gains and hit 1,905.5 and 837.5 points, respectively. (Reporting by Maria Kiselyova; Editing by Dominic Evans)

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