currencies

Iran to launch its own cryptocurrency

Iran's Peyman cryptocurrency is about to start operating and will soon be launched, CEO of Bank Melli Iran Mohammad Reza Hosseinzadeh said, adding that the cryptocurrency is gold-backed. Hosseinzadeh noted that …

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Brent oil hits $75 per barrel

Brent crude oil rose above $75 per barrel today for the first time in 2019 in the wake of tightening sanctions on Iran, while gains in U.S. prices were crimped by a surge in U.S. supply. Brent crude futures rose to a 2019 high of $75.01 …

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Is Bitcoin making comeback?

Bitcoin prices shot up 15% yesterday and briefly rose above the $5,000 level for the first time since November 201. The price of Ethereum has also experienced a major surge. Ethereum's digital token ether rose by 10% to above $150, …

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Dollar surges above 65-ruble mark

The dollar exchange rate exceeded 65 rubles during the today's trading on the Moscow stock exchange. The dollar rose 39 kopecks and was worth 65.25 rubles. The euro exchange rate rose 43 kopecks to 73.23 rubles.  …

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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 …

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Iran to slash four zeros from rial - media

Iran’s Central Bank has proposed slashing four zeros from its battered currency. “A bill to remove four zeros from the national currency was presented to the government by the central bank yesterday and I hope this matter …

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Erdogan urges to trade in local currencies

Turkish President Recep Tayyip Erdogan has spoken out in favour of wider use of national currencies in trading with other countries, speaking at the Economic and Trade Cooperation Committee of the Organisation of Islamic …

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Azerbaijan's Finance Ministry to protect manat rate

The Azerbaijani authorities don't rule out that depreciation of currencies of the neighboring countries and trade partners of Azerbaijan increases impact on manat rate, Azerbaijani Finance Minister Samir Sharifov …

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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. …

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