Russian ruble

Belarus to have common currency with Russia?

Belarusian President Alexander Lukashenko supported creating of a common currency with Russia. "It will not be the Russian or Belarusian ruble, it will be our common ruble," the Belarusian had of state said …

Read
Forecasts for ruble’s exchange rate worsened

Russia’s top bank Sberbank has worsened its forecasts for the ruble’s average annual exchange rate against the U.S. dollar for 2019–2020. The bank worsened the rate for 2019 to 68.5 rubles per U.S. dollar and for 2020 …

Read
Russian rouble hits one-month high, lifted by oil prices

Russia’s rouble briefly hit a one-month high and its stock market rose on Friday, supported by strong oil prices which helped to offset a resumption of foreign exchange purchases for state reserves, Reuters reported. At 0748 GMT, …

Read
Dollar drops below 67 rubles

The dollar exchange rate declined below 65 rubles during the today's trading on the Moscow stock exchange. The dollar lost 0.62 rubles and was worth 67.11 rubles, while the euro lost 0.44 rubles and was worth 76.8 rubles on the …

Read
Dollar and euro footstep away from 70 and 80 rubles

The dollar and euro exchange rates are getting closer to the psychological level of 70 and 80 rubles, respectively. The dollar exchange rate increased to 69.42 rubles at the Moscow Exchange from 68.77 rubles, as of 12:10 Moscow …

Read
Russia to face decade of oil price at $50

Russia’s Economic Development minister Maksim Oreshkin said that the ministry expects the oil price to slip to $50 per barrel by 2025-2030 and stay at that level long-term. According to him, this trend is …

Read
Increasing oil price strengthens ruble

The ruble exchange rate has started to increase on the Moscow stock exchange today. The dollar exchange rate declined by 0.37 rubles and was worth 65.74 rubles, while the euro dropped 0.40 rubles and was worth 76.02 rubles. …

Read
Ruble down after Brent price drop

The ruble exchange rate began to decline on the Moscow stock exchange today. The dollar exchange rate increased by 0.47 rubles and was worth 67.06 rubles, while the euro rose 0.43 rubles and was worth 77.14 rubles. Brent oil …

Read
Russia's actions to reduce dependence on dollar

Russian Finance Minister Anton Siluanov detailed the actions taken by the government to reduce Russian economy's dependence on the dollar. Siluanov noted that European companies are considering the idea of …

Read
Policy launches another attack on ruble

The possible new sanctions against Russia by the U.S. and UK, after the Netherlands claimed that the Dutch military intelligence and security service had allegedly prevented an attack by Russian hackers against the OPCW, the Russian national …

Read
Deutsche Bank: ruble among most undervalued currencies

The ruble ranked among the top three undervalued world currencies, according to Deutsche Bank's Behavioral Equilibrium Exchange Rate (BEER). It is 15% weaker than its "fair rate," the bank's economist said. In the review of …

Read
"Europe and Asia seeking alternative to US dollar"

More and more countries in Asia and Europe are seeking an alternative to the US dollar, Kremlin spokesman Dmitry Peskov said. The spokesman noted that Washington has been undermining trust in what has been the …

Read

Populars