dollar

Russia becomes leader in dumping dollar

Russia has became one of the main drivers in the process of dedollarization last year, the European Central Bank said in its June report on the strengthening of the role of the euro in the global economy. According to the authors of the …

Read
Dollar sets new anti-record of 2019

The dollar exchange rate dropped to 63.31 rubles during the today's trading on the Moscow stock exchange. Yesterday the dollar was worth 63.91 rubles. Oil jumped more than 3% to above $63 a barrel today after Iran …

Read
 U.S. Fed holds interest rates steady

The U.S. Federal Reserve held interest rates steady but signaled possible rate cuts of as much as half a percentage point over the remainder of this year, as it responded to increased economic uncertainty and a drop in expected inflation. …

Read
Naryshkin: dollar becoming toxic

Director of the Russian Foreign Intelligence Service Sergey Naryshkin said that the dollar is an anachronism of the modern world economy. According to him, it seems abnormal that the United States, "behaving …

Read
 Dollar surges above 65-ruble mark

The dollar exchange rate exceeded 65 rubles for the first time since May 14 during the today's trading on the Moscow stock exchange. The dollar was worth 65.02 rubles as of 11:41 (Moscow time). The euro exchange rate rose to …

Read
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 …

Read
Saudi Arabia threatens to ditch dollar oil trades

Saudi Arabia is threatening to sell its oil in currencies other than the dollar if Washington passes a bill exposing OPEC members to U.S. antitrust lawsuits, three sources familiar with Saudi energy policy said. They said the option had …

Read
U.S. dollar weakening predicted

The U.S. dollar exchange rate against a basket of major currencies may drop by 6% by the end of 2019, according to Morgan Stanley experts. They expect the U.S. currency will depreciate because of the U.S .economic slowdown and the Federal …

Read
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.  …

Read
Why is ruble going strong?

The dollar exchange rate declined below 65 rubles during trading on the Moscow stock exchange last week, while the euro exchange rate dropped below 74 rubles. This week the dollar fluctuated near 64.5 rubles on Monday-Wednesday, …

Read
 Dollar drops below 65 rubles

The dollar exchange rate declined below 65 rubles during the today's trading on the Moscow stock exchange. The dollar lost 0.75 rubles and was worth 64.6694 rubles, while the euro lost 0.70 rubles and was worth 73.3610 rubles on the …

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

Populars