Russian ruble

Will Russia abandon dollar due to sanctions?

Russia will speed up work on reducing its dependence on U.S. payment systems and the dollar as a settling currency in response to U.S. sanctions, Russia's Deputy Foreign Minister Sergei Ryabkov said. "We will …

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Dollar rises to 60,77

Dollar's exchange rate increased by 0,42 rubles - to 60,77 rubles, Moscow stock exchange reported on Wednesday. Euro rose by 0,74 rubles to 72,01 rubles.   …

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  Dollar exceeds 60 rubles

This morning the dollar exchange rate increased by 0.47 rubles and was worth 60.04 rubles, the euro rose 0.43 rubles and was worth 70.45 rubles at the Moscow Exchange.  The dollar rose above 60 rubles for the first time since July …

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US Fed retains interest rate, but not for long

US Federal Reserve's Open Market Committee (FOMC) kept interest rates unchanged, while at the past committee's meeting in mid-June the target rate was raised to 1-1.25% from 0.75-1.0%. The Fed also raised the rate in March, …

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Russian industrialists want strong ruble

Most (66%) of the Russian industry sector believes that strengthening of the ruble will have a positive impact on their work, annual study of the international consulting company Deloitte shows. According to vice-president of the …

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Euro reaches 70 rubles

The euro rose to 70 rubles for the first time since November last year during the today's trading on the Moscow stock exchange. The euro exchange rate rose 0.60 rubles and was worth 69.80 rubles on the Moscow exchange, as …

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Has Russian ruble 'matured'?

The declining role of foreign currency in Russia's economy is "a sign of a growing ruble', the Director of the Bank of Russia Monetary Policy Department, Igor Dmitriev, said. "Try to remember when you …

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Euro reaches 69 rubles again

The official euro exchange rate increased by 0.28 rubles to 69.02 rubles on the Moscow stock exchange for the first time since Autumn 2016. The price of the US dollar increased by 0.27 rubles, reaching 60.43 rubles, Gazeta.ru …

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Dollar and euro drop as oil prices increase

The ruble exchange rate increase against the dollar and the euro on the Moscow exchange against the background of growing oil prices. Brent for September settlement gained as much as 1.29% to $46.34 per barrel on the London-based ICE …

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Dollar exceeds 60 rubles again

Today the US currency during the trading process at the Moscow Stock Exchange has crossed its psychological barrier of 60 rubles for the first time since February 2017. The cost of the euro has crossed the barrier of 67 rubles for the first …

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Oil breaks the ruble

Russian national currency rate began to drop today following cheap oil prices, which dropped to $47.2 per barrel. The dollar rose to 58 rubles, while the European currency exceeded psychological mark of 65 rubles for the first time since February …

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Brent dips below $49, ruble declines

The cost of the August futures of Brent crude oil on London's ICE trading have declined by 3.3% to $48.95 per barrel.  As of 13:31, the dollar increased by 0.37 rubles and was worth 56.75 rubles on the Moscow stock …

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Russian economy wants dollar to be cheap

According to a survey conducted by the Gaidar Institute among heads of Russian industrial enterprises in March, 52 rubles per dollar is the exchange rate of the national currency, which is optimal for the Russian industry. …

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