By Ambar Warrick
Oct 13 (Reuters) – Russia’s rouble fell on Tuesday as oil prices weakened, while Central European markets were spooked by new curbs in the Czech Republic to curb the spread of the coronavirus.
The rouble RUB= fell about 0.7% to the dollar, as oil prices held around losses of nearly 3% the day before after major suppliers resumed output and the International Energy Agency forecast a 5% decline in global energy demand in 2020. O/R
Russia’s central bank also forecast rising inflation until early 2021, because of the weakness in the rouble. Russian stocks .IMOEX, .IRTS fell.
Coronavirus cases in Russia rose at a record pace on Tuesday.
In Central European markets, the Czech crown EURCZK= sank 0.4% to the euro after the government ordered bars, restaurants and clubs closed from Wednesday and shifted schools to distance learning, to curb the spread of COVID-19.