MOSCOW: Russian shares edged up on Wednesday morning, supported by comments by Moscow's Foreign Ministry that an aid convoy it is sending to eastern Ukraine would cross the border under the aegis of the Red Cross.
At 0625 GMT, the dollar-denominated RTS index was up 0.3 per cent at 1,202 points, while its rouble-based peer MICEX traded 0.7 per cent higher at 1,384 points.
The rouble extended losses from the previous session, however, and was 0.21 per cent weaker against the dollar at 36.25 .
The Russian currency lost 0.28 per cent to trade at 48.48 versus the euro, leaving it 0.22 per cent weaker at 41.75 against the dollar-euro basket the central bank uses to gauge the rouble's nominal exchange rate.
Russia's Foreign Ministry said shortly before the market close on Tuesday that it would hand over control of a convoy of 280 trucks carrying aid to Ukraine after it had crossed the Russia-Ukraine border.
The comments eased fears that Russia was using the humanitarian mission as a pretext to invade Ukraine, where government troops are closing in on pro-Russian separatists.
The West accuses Russia of stoking separatist fighting in Ukraine and has imposed several rounds of sanctions on Moscow. Russia denies the charges and has retaliated by restricting imports of certain food products from Western countries.
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