euro

Is Russia ready to use euros in trade?

Russia is ready to use euros rather than US dollars in foreign trade if the European Union declares its stance against expansion of the US anti-Russian sanctions, Russian Finance Minister Anton Siluanov said, speaking at the St. …

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Will EU buy Iranian oil in euros?

The European Union is planning to switch from US dollars to euros when paying for the oil supplies from Iran, a diplomatic source said. On May 15, EU foreign policy chief Federica Mogherini said that after talks with …

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European Central Bank holds interest rates steady

The European Central Bank has decided to keep interest rates unchanged, Anadolu agency reports. The ECB held interest rates on the main refinancing operations unchanged at 0.00 percent, according to a statement from the bank after …

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Dollar starts new year with growth

This morning the dollar exchange rate increased by 0.03 rubles and was worth 57.66 rubles at the Moscow Exchange. The euro rose 0.05 rubles and was worth 69.3 rubles. …

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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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ECB leaves monetary policy unchanged

Pantheon Macro's chief eurozone economist Claus Vistesen said not to expect fireworks at the press conference at 1.30pm (BST), the Telegraph reports. "We think the ECB will signal today that it is taking working groups to …

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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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  Dollar exceeds 60 rubles

This morning the dollar exchange rate increased by 0.47 rubles and was worth 60.04 rubles, the euro rose 0.43 rubles and was worth 70.45 rubles at the Moscow Exchange.  The dollar rose above 60 rubles for the first time since July …

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Euro reaches 70 rubles

The euro rose to 70 rubles for the first time since November last year during the today's trading on the Moscow stock exchange. The euro exchange rate rose 0.60 rubles and was worth 69.80 rubles on the Moscow exchange, as …

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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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Dollar and euro drop as oil prices increase

The ruble exchange rate increase against the dollar and the euro on the Moscow exchange against the background of growing oil prices. Brent for September settlement gained as much as 1.29% to $46.34 per barrel on the London-based ICE …

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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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Oil breaks the ruble

Russian national currency rate began to drop today following cheap oil prices, which dropped to $47.2 per barrel. The dollar rose to 58 rubles, while the European currency exceeded psychological mark of 65 rubles for the first time since February …

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Brent dips below $49, ruble declines

The cost of the August futures of Brent crude oil on London's ICE trading have declined by 3.3% to $48.95 per barrel.  As of 13:31, the dollar increased by 0.37 rubles and was worth 56.75 rubles on the Moscow stock …

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OPEC deal does not save oil - oil prices hit bottom

The cost of the July futures of Brent crude oil on London's ICE trading decreased by 2.8% to $46.63 per barrel, breaking the minimum of November 29, 2016. For the first time since November 30, 2016 the oil price declined below the …

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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 …

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