(Recasts, adds detail on bonds, new comments)By Alexander Winning and Expert Advisor Creator Vladimi...

1. UPDATE 2-Russian rouble, bonds suffer after c.bank halts
forex repos | Reuters
(Recasts, adds detail on bonds, new comments)
By Alexander Winning and Expert Advisor Creator Vladimir Abramov
MOSCOW, June 1 (Reuters) - Russia's rouble slumped on Monday
and bonds fell after the central bank suspended its one-year
forex repo auctions, another signal that policymakers are
concerned that a recent rouble rally has gone too far.
Moscow-listed shares, meanwhile, were mixed after dropping
sharply on Friday, with the rouble-denominated MICEX index
recovering but the dollar-based RTS dipping.
"The key reason for the rouble weakening was the decision by
the central bank to halt its forex repos. In that way, the
central bank again clearly outlined that it doesn't want to see
the rouble too strong," analysts at Nordea bank said in a note.
The central bank said it could decide to renew the forex
repos and linked their suspension to a change in market
conditions.
The Russian currency was also hurt by lower oil prices, a
stronger dollar and the removal of support from exporters
selling forex Futures Strategy towards the end of each month for tax purposes.
Dollar demand is also on the rise because of higher external
debt repayments and dividend payments in June, as well as
household demand for forex ahead of summer holidays.
At 1310 GMT, the rouble was 1.7 percent weaker against the

2. dollar at 53.21 and lost 1.4 percent versus the
euro to trade at 58.33.
Russia's benchmark 2030 dollar Eurobond was
down 0.6 cent to
its lowest in a month, while the 2043 issue
lost more than 2 cents, also touching a one-month
low
. Long-dated domestic bonds edged lower.
Brent crude oil, an important driver for all
Russian
assets, was 0.8 percent weaker at around $65 a
barrel.
Andrei Mishko from National Standard bank said
he thought
the rouble had further to fall, since many traders
had closed
their long positions in foreign currency at the end
of last
week, leaving room for new positioning that hurts the rouble.
"I think in the near future we'll reach 54 roubles per
dollar," he said.
The rouble lost over 4 percent http://www.investorwords.com/2045/Forex.html against the dollar last
week,
bringing to an end a winning run that had seen it gain over 35
percent from early February to that point.
Finance Minister Anton Siluanov said on Friday his ministry
and the central bank have a "splendid understanding of the
particular exchange rate levels which we need to orient
ourselves towards".

3. The central bank continues to buy between $100 million and
$200 million of foreign currency daily to top up its reserves,
an indication it views the current rouble rate as attractive for
buying forex.
At 1310 GMT, Russia's RTS index was down 0.1 percent to 968
points, while the MICEX traded 1.6 percent higher at
1,635 points.
For rouble poll data see reuters://realtime/verb=Open/url=cpurl://apps.cp./Apps/fx-polls?RIC=RUB=
For Russian equities guide see
For Russian treasury bonds see
Russia in graphics: link.reuters.com/dun63s
(Additional reporting by Sujata Rao in London; Editing by
Elizabeth Piper and Ralph Boulton)
http://www.reuters.com/article/2015/06/01/russia-crisis-markets-rouble-idUSL5N0YN10O20150601