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Russian rouble weakens as Moscow Exchange relaunches early FX session - Yahoo Finance

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* This content was produced in Russia where the law restricts coverage of Russian military operations in Ukraine

MOSCOW, Sept 12 (Reuters) - The Russian rouble weakened on Monday as the Moscow Exchange resumed its early morning session for the first time since late February, with the market preparing for the finance ministry to return to the debt market with OFZ treasury bond auctions.

At 0644 GMT, the rouble was 0.3% weaker against the dollar at 60.78 and had lost 0.8% to trade at 61.43 versus the euro.

The rouble on Monday was expected to continue trading within a 60 to 61 target range against the greenback, Promsvyazbank analysts said in a note.

"There are no drivers seen on the FX market," Promsvyazbank said.

Market players are keeping an eye on the finance ministry's planned restart of weekly auctions of its OFZ bonds later in September to test the market's appetite with limited volumes on offer.

Russia suspended borrowing through OFZ bonds, which it uses to plug budget holes, in February, weeks before it started what it calls a "special military operation" in Ukraine, which triggered unprecedented Western sanctions against Moscow.

Currency markets opened at 0350 GMT. The Moscow Exchange is also set to bring back the evening session on its stock market, which will run until 2050 GMT. (Reporting by Alexander Marrow; Editing by Edmund Klamann)

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