Pakistan, June 3 -- The Russian rouble strengthened slightly against the U.S. dollar on Tuesday, trading at 78.80 per dollar by 08:15 GMT. This marks a recovery from previous declines caused by Ukraine's attacks on Russian air bases and uncertainties surrounding peace talks in Istanbul.

The recent uptick follows a significant rally earlier in the year, where the rouble reached its strongest level since May 2023, touching 76.90 to the dollar on May 29. Analysts attribute this strength to easing geopolitical tensions and favorable economic policies.

In Istanbul, Russian and Ukrainian delegations held brief talks, agreeing to exchange more prisoners of war and return the bodies of deceased soldiers. However, no progress was made on a propo...