dollar

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 …

Dollar to hit parity with euro in 2017

Dollar to hit parity with euro in 2017

The dollar is likely to hit parity with the euro during 2017 driven by diverging paths for interest rates, according to Goldman Sachs' chief economist. The Federal Reserve is likely to hike interest rates three times in 2017, …

Oil Prices Fall On Concerns Of Rising US Production

Oil Prices Fall On Concerns Of Rising US Production

Most analysts see tighter-than-previously-envisaged balances for 2017

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.

Oil is holding at its highest level in one and a half years

Oil is holding at its highest level in one and a half years

Oil prices will gradually rise toward $60 per barrel by the end of 2017

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

Has The OPEC Rally Gone Too Far?

Has The OPEC Rally Gone Too Far?

Oil prices continue to edge up as 2016 comes to a close, a dramatic turnaround for the industry compared to the start of the year

Why Iran#039s Rial Hit an All-Time-Low Against the US Dollar

Why Iran's Rial Hit an All-Time-Low Against the US Dollar

Today $1 costs 100 thousand Iranian rials, that is an all-time-low rate against dollar. Although several reasons for the slide have been put forward by economists – amongst them the strength of the dollar against other currencies in the …

Turkey#039s economic turn to the East

Turkey's economic turn to the East

Growing economic pressures are pushing Turkey towards China and Russia

Dollar#039s post-Fed rally pauses

Dollar's post-Fed rally pauses

U.S. stocks dipped on Friday

Supplies, Fed rate drag oil prices lower

Supplies, Fed rate drag oil prices lower

Some of the OPEC exemptions, and U.S. shale resiliency, may be spoiling the party.

Dollar reaches 14 year high

Dollar reaches 14 year high

After Federal Reserve raises interest rates in latest show of strengthening economy

US dollar hits 13-year highs

US dollar hits 13-year highs

The US Federal Reserve's decision to raise the interest rate to 0.50-0.75% led to a record growth in the US currency - the dollar hit 13-year highs …

Fed raises rates

Fed raises rates

Trump presidency, with its deficit and debt-funded high-growth ambitions, mights influence the Fed’s stance in future

Dollar exchange rate approaches 60 rubles

Dollar exchange rate approaches 60 rubles

There was a sharp decline in the dollar and the euro exchange rates today on the Moscow stock exchange. Dollar fell below 62 rubles for the first time since October and then updated its minimum of 2016, while the ruble rose against the …

Turkey, China carry out first lira-yuan swap deal

Turkey, China carry out first lira-yuan swap deal

The Central Banks of Turkey and China have concluded their first Turkish lira-yuan swap deal worth 450 million Turkish liras ($132.42 million), a Turkish Central Bank source told Anadolu Agency. The swap …

Russia buys dollars

Russia buys dollars

In September and October 2016, Russians spent 5.4% of their income to purchase foreign currency, which is the highest indicator of currency purchases among population since December, 2014, according to data of the Federal State Statistics …

 Erdogan calls on Turks to sell dollars and buy liras

Erdogan calls on Turks to sell dollars and buy liras

Turkish President Recep Tayyip Erdogan called on Turks to convert their foreign exchange into the Turkish lira. "Those who keep foreign currency under their pillow should come and turn that into Turkish lira …

Oil prices slightly decline

Oil prices slightly decline

Oil prices declined today against the background of a strengthening dollar. The prices of January futures for Brent oil fell by 0.8% to $48.62 per dollar on the ICE Exchange in London, as of 07:50 (MSK). The December …

Turkey#039s Central Bank hikes interest rates to contain the fall in Turkish lira

Turkey's Central Bank hikes interest rates to contain the fall in Turkish lira

In a move to contain the depreciation of Turkish lira against the U.S. dollar, Turkey's Central Bank raised its benchmark one-week repo rate by 50 basis points from 7.5 percent to eight percent at the Monetary Policy Committee's meeting …

 Georgian government plans to stabilize lari

Georgian government plans to stabilize lari

Georgia's Government said that it plans to take steps to stabilize the national currency. The Georgian Government  in corporation with the National Bank of Georgia (NBG) and the International Monetary Fund (IMF) will …

US Federal Reserve holds rates steady, plans to raise in in December

US Federal Reserve holds rates steady, plans to raise in in December

Yesterday, the US Federal Reserve kept interest rates unchanged in its last policy decision before the U.S. election, but signaled it could hike in December as the economy gathers momentum and inflation picks up. The U.S. central bank said the …

Dollar exchange rate - 61

Dollar exchange rate - 61

The dollar exchange rate fell by 0.22% to 61.99 rubles during the trading session on the Moscow Stock Exchange. For the last time the US dollar exchange rate was below 62 rubles on 3 November, 2015. At the same time, the …

 Ruble sets new record in 2016

Ruble sets new record in 2016

As of 10:42 am (MSK), the dollar exchange rate was worth only 62.585 rubles at the morning trading session, and shortly before - 62.4375 rubles, which was a record for ruble this year. For the last …

Is Russian Central Bank collapsing ruble by trillion?

Is Russian Central Bank collapsing ruble by trillion?

The Central Bank of Russia started its work towards increasing the supply of rubles in the money market, despite the decline in oil prices, which endangers the stability of the exchange rate. In particular, instead of deposit …

Azerbaijani Central Bank stabilizes manat rate

Azerbaijani Central Bank stabilizes manat rate

The official exchange rate of Azerbaijan’s national currency, the manat, against the US dollar was set at 1.637 for September 20, Azerbaijan’s Central Bank (CBA) said, adding that the manat exchange rate was stabilized. …

Azerbaijan suppresses spread of false info on USD rate

Azerbaijan suppresses spread of false info on USD rate

Azerbaijan’s Financial Market Supervisory Body and relevant state authorities terminated the spread of false information via SMS by a structure on the US dollar’s exchange rate against the Azerbaijani manat, Advisor to the Chairman of …

Russians have lost faith in ruble

Russians have lost faith in ruble

The Russian Central Bank published the results of a poll conducted by the inFOM company, according to which only 13% of Russians expect that the ruble will strengthen against the dollar within a year - a similar level of pessimism has …