currencies

Brent oil price rises above $58

Oil prices pushed higher as the conflict between Iraq and Kurdistan entered a new phase with the advance of Iraqi forces on Kirkuk.  Brent rose above $58 and while the late September highs above $59 are within sight it may struggle …

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Bitcoin price hits another record high

Bitcoin hit another record high today, continuing the rally seen in the previous day amid renewed bullish sentiment from investors. The price of the cryptocurrency hit an all-time high of $5,856.10 in the early hours of Friday morning, …

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Russia stocks up with dollars

Russian companies increased their foreign exchange reserves in cash, Russia's Central Bank said. As of July 1, 2017, the total amount of foreign exchange reserves in cash in Russian banks and other sectors amounted to $59.8 billion, …

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Russia refuses dollar debts

The role of the dollar in Russia's external debt has reached 60%, declining to a minimum since 2014, according to the Russian Central Bank's data, published today. A stable decline in the share of the dollar has been observed …

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Dollar - 60.5 rubles, euro - 71.5 rubles

The dollar exchange rate rose 0.15 rubles and was worth 60.5 rubles during the today's trading on the Moscow stock exchange. The euro rose 0.33 rubles and was worth 71.59 rubles on the Moscow exchange. The MICEX index rose …

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Bitcoin split into two versions

Bitcoin split into two separate currencies on Tuesday because part of the Bitcoin community isn't happy with recent and planned changes to the code that controls the cryptocurrency. Now in addition to classic Bitcoin (BTC), …

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Iran to switch currency from rial to toman

The administration of Iran's President Hassan Rouhani approved a bill to switch Iran's national currency from rial to toman, the secretary of the Cabinet Mohsen Haji Mirzaei said. According to …

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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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 Assad appears on new Syrian currency

Syrian President Bashar al-Assad has appeared on the Syrian currency for the first time, his portrait printed on a new 2,000-pound banknote that went into circulation on Sunday. Central bank governor Duraid …

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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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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. …

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World faces a crisis of confidence in dollar

The level of the world's confidence in dollar continues to decline, which hurts the existing international financial system, National University of Singapore politics professor Huang Jing said on the sidelines of …

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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 …

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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 …

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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 …

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