Russian ruble

Bank of Russia#039s First Deputy Governor on ruble appreciation

Bank of Russia's First Deputy Governor on ruble appreciation

The first-quarter ruble appreciation was mainly caused by foreign trade revenue inflows, Bank of Russia's First Deputy Governor Ksenia Yudaeva said. "That is why the first-quarter ruble appreciation was mainly …

Putin, Lavrov, Tillerson meeting strengthened ruble

Putin, Lavrov, Tillerson meeting strengthened ruble

Russian national currency began to strengthen against the dollar and the euro after the meeting of President Vladimir Putin with US Secretary of State Rex Tillerson and Russian Foreign Minister Sergey …

Dollar reaches 55 rubles again

Dollar reaches 55 rubles again

The ruble exchange rate is strengthening against the dollar and the euro on the Moscow Stock Exchange: the dollar declined by 0.18 rubles and was worth 55.9 rubles,  The euro exchange rate fell 0.24 rubles and was worth 59.65 …

Euro reaches 2015 summer low

Euro reaches 2015 summer low

The euro fell below 60 rubles, thus renewing the minimum of early July 2015. At 18:28 (Moscow time), the euro was at the level of 59.98 rubles, gazeta.ru writes. …

Dollar returns in July 2015

Dollar returns in July 2015

There was a sharp decline in the dollar exchange rates today on the Moscow stock exchange. Dollar fell below 56,55 rubles for the first time since mid-July 2015, reaching 56.36 rubles. The euro exchange rate declined by 0.29 rubles to 60.63 …

Vasily Yakimkin: Expensive ruble is not a problem

Vasily Yakimkin: "Expensive ruble is not a problem"

Can overpriced ruble hurt Russian economy?

Russian finance minister: rouble overvalued by 10-12%

Russian finance minister: rouble overvalued by 10-12%

Russian Finance Minister Anton Siluanov said that the rouble is overvalued by up to 12%, making it a good time for foreign currency purchases under which the ministry may buy at least $1 billion in 2017

Russian Finance Ministry to spend 70.5 bln rubles on foreign currency purchases

Russian Finance Ministry to spend 70.5 bln rubles on foreign currency purchases

Russia's Finance Ministry plans to spend 70.5 bln rubles ($1.2 bln) on foreign currency purchases on the domestic market during the period from March 7 to April 6, 2017, the Ministry said in a statement.

Andrei Kostin: dollar to decline by six rubles

Andrei Kostin: dollar to decline by six rubles

Until the end of 2017, the ruble exchange rate may strengthen by 10%, the head of VTB Andrey Kostin said. "We believe that the ruble had to strengthen, but it was before  the government announced the …

Oreshkin predicts ruble to weaken soon and then stabilize

Oreshkin predicts ruble to weaken soon and then stabilize

The strengthening of the Russian currency is short-term, and it may slightly weaken in the nearest future and then stabilize, the Russian Economic Development Minister Maxim Oreshkin said after meeting the President …

Does ruble reach its maximum?

Does ruble reach its maximum?

Today's trading on the Moscow stock exchange resulted a sharp decline in the dollar and the euro exchange rates against the ruble. As of 10:40 (MSK), the euro exchange rate fell below the level of 60 rubles, and as of 11:40 it …

Peskov: Putin may discuss ruble appreciation with economy minister

Peskov: Putin may discuss ruble appreciation with economy minister

Russian President Vladimir Putin may discuss the issue of strengthening of the Russian currency at the meeting with Economic Development Minister Maksim Oreshkin later in the day, the Kremlin spokesman …

Euro falls below 60 rubles

Euro falls below 60 rubles

The euro exchange rate fell to 59 rubles at the Moscow Exchange for the first time since June 3, 2015. As of 11:02 (MSK), the euro exchange rate reached 59.88 rubles. The dollar exchange rate, in turn, declined by 0.46 …

 Dollar falls below 58 rubles

Dollar falls below 58 rubles

As of 10:10 am (MSK), the dollar exchange rate was worth only 57.9625 rubles at the morning trading session at the Moscow Exchange. For the last time the ruble exchange rate was so high in summer 2015. The euro was worth 61.32 rubles. …

Monetary authorities should focus on regulation of exchange rate

Monetary authorities should focus on regulation of exchange rate

Russian Central Bank made a mistake by allowing the exchange rate to drop so much

Freely floating exchange rate ds a lot of problems in Russian economy

Freely floating exchange rate damps a lot of problems in Russian economy

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All Russia's crises took place in radically different epochs of economic development

Brent oil price raises above $57

Brent oil price raises above $57

The cost of the futures of Brent crude oil on London's ICE trading have risen by 0.94% to $57.05 per barrel. The last time the price of Brent crude rose above $57 per barrel was on January 6, 2017, TASS recalls. …

What will happen to ruble without US sanctions?

What will happen to ruble without US sanctions?

If the US eases the sanctions, the Russian currency would appreciate 5% to 10%, according to 27 economists surveyed by Bloomberg, with 41% of respondents predicting a gain of 1% to 5%. However, the probability that the US president …

Rubles to be taken in Turkey as payment

Rubles to be taken in Turkey as payment

Russian Sberbank and Turkish Denizbank intend to implement the ruble payment system in the agricultural and tourism sectors, the CEO of Denizbank, Hakan Atesh said. According to him, the relations between Russian and Turkish banks …

Dollar back at 60

Dollar back at 60

Today during trades on the Moscow Stock Exchange the dollar passed psychological barrier of 60 rubles per $1. For some time the US currency drifted around 59,9-60,05 rubles per $1, but then went up, gaining almost 1 ruble since trades …

Russia Becomes One Big Money Magnet

Russia Becomes One Big Money Magnet

Moscow reported the most inflows of foreign portfolio money than any other global emerging market fund

Why does Russia need ruble to be stable?

Why does Russia need ruble to be stable?

The Russian government along with the Central Bank are preparing a joint strategy to tackle ruble long-term volatility, the First Deputy Prime Minister of Russia, Igor Shuvalov, told Bloomberg. "It is obvious …

Russian economy needs revolutionary reforms

Russian economy needs revolutionary reforms

Kudrin does well to make the case for change in geopolitical terms

Is ruble defeating dollar?

Is ruble defeating dollar?

The dollar exchange rate dropped today to 59.13 rubles during trading on the Moscow stock exchange. As for 14:30, according to the MICEX, the dollar was trading at a minimum of 58.95 rubles, but late increased a little. Thus, the ruble …

Ruble strengthens during New Year holidays

Ruble strengthens during New Year holidays

While Russia was celebrating the New Year, the Russian national currency has been steadily growing, partly ceased to be dependent on oil prices and the dollar due to the rise in the US Federal Reserve's rate. On January 3, the …

Ruble grows amid growing oil

Ruble grows amid growing oil

Oil prices, after falling the day before, began to recover gradually due to a thorough implementation of the agreement on the production cuts. Thus, the March futures for Brent crude oil on London's …

 Ruble stars 2017 with increase

Ruble stars 2017 with increase

There was a decline in the dollar and the euro exchange rates today on the Moscow stock exchange.

Dmitry Piskulov: Economists are optimistic about 2017

Dmitry Piskulov: "Economists are optimistic about 2017"

Chairman of the Board of the National Currency Association sums up the outgoing year

Nabiullina: dependence of ruble on oil prices declines

Nabiullina: dependence of ruble on oil prices declines

The Bank of Russia does not expect serious shocks on the Forex market in any economic development scenario, the Chairperson of the Russian Central Bank …

Russia#039s Economy Goes Out Of Recession

Russia's Economy Goes Out Of Recession

It can surprise next year by accelerating growth to 1.5%