Search Results for: Russian ruble
Venezuela suggests global oil trade in Russian ruble & Chinese yuan
October 5th, 2017
The President of Venezuela Nicolas Maduro has proposed oil producing countries should discuss creating a currency basket for trading crude and refined products. “Developing a new mechanism of controlling the oil market is necessary,” he said on Wednesday at ...
Russian Ruble Weakens on Threat of New Sanctions
January 28th, 2015
The Russian ruble weakened on Wednesday, with a retreat in oil prices and a threat of new sanctions on Moscow for its role in the Ukraine crisis promising to weigh on the currency in the near future. At 07:38 ...
Russian Ruble Falls After Tensions Flare Over Ukraine
January 26th, 2015
The Russian ruble fell sharply on opening on Monday, following a weekend of violence in eastern Ukraine and threats of further Western sanctions against Russia. At 10:55 the ruble was down 2.4 percent against the dollar at 65.82 and 2.4 percent weaker against the euro at 73.85. President Vladimir Putin blamed “criminal orders” by Ukrainian ...
EXNESS has resumed trading currency pairs with the Swiss franc and the Russian ruble
January 21st, 2015
EXNESS issued a press release saying that: Has resumed trading currency pairs with the Swiss franc and the Russian ruble. However, the following margin requirements apply to newly opened and already existing positions in these instruments: for currency pairs ...
Wheels Finally Fall Off Russian Ruble
November 10th, 2014
A strong dollar, declining oil prices, and a weak economy have finally taken the wheels off the Russian ruble. It has finally sunk in that the Central Bank is not going to act in defense of the ruble anytime ...
Russian ruble drops to historic low amid sanctions
September 16th, 2014
Russia’s currency dropped to an all-time low against the dollar on Tuesday as investors fret about the fallout of economic sanctions. The United States and the European Union last week imposed a new round of sanctions against Russia for ...
Stagflation for HSBC Means Russian Ruble Seen Weakening
July 9th, 2014
The weakest pace of economic growth in five years combined with the fastest inflation (RUCPIYOY) in three are prompting the most-accurate ruble forecaster to predict steeper declines for the currency. The ruble will fall 9.2 percent to 37.50 by ...
Strengthening ruble boosts Russian imports
February 9th, 2017
Russian imports surged 36.4 percent year on year in January, as the ruble strengthened significantly, becoming the world’s best-performing currency last year. In the first month of the year, Russia imported $11.1 billion worth of products from non-CIS countries, ...
Moscow Man to Sue Russian Central Bank for Collapse of the Ruble
July 1st, 2015
A Russian man angry with last year’s sharp ruble devaluation is taking the Central Bank to court over its decision to cease intervening to prop up the Russian currency, news agency RIA Novosti reported Tuesday, citing the press secretary of a Moscow court. “V. A. Simonov has ...
Russian Central Bank Says Ruble’s Recovery Over For Now
April 22nd, 2015
The ruble’s recent firming trend has ended for now, the Russian Central Bank’s first deputy governor, Ksenia Yudayeva, said Wednesday. “The strengthening of the ruble has finished. Now we observe stabilization,” she said, adding that she was referring to ...