Russian ruble

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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. …

What does 2017 bring for Russian economy?

Transition from recession to modest growth was the main result of Russian economy this year, economists said in an interview with Vestnik Kavkaza, speaking about the most significant economic events of 2017. The advisor on …

 Russia's Oreshkin about ruble exchange rate in 2018

Russian Economy Development Minister Maxim Oreshkin said that the real ruble exchange rate next year will not deviate significantly from the current rates. He noted that Russia's inflation could fall lower than …

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 …

US Fed to decide fate of dollar and ruble

Analysts give different predictions on results of the two-day session of the U.S. Federal Reserve System. The Fed is not expected to increase discount rate at tomorrow's disclosures, but it can give information about reducing its balance …

Russia's Oreshkin: ruble to be stable despite sanctions

Russian Economy Minister Maxim Oreshkin said that he expected the ruble to be steady in 2018-2020 despite Western sanctions and an expected decline in oil prices, RIA Novosti reported. The rouble firmed 6% so far this year to 57.73 …

Will Russia abandon dollar due to sanctions?

Russia will speed up work on reducing its dependence on U.S. payment systems and the dollar as a settling currency in response to U.S. sanctions, Russia's Deputy Foreign Minister Sergei Ryabkov said. "We will …

Dollar rises to 60,77

Dollar's exchange rate increased by 0,42 rubles - to 60,77 rubles, Moscow stock exchange reported on Wednesday. Euro rose by 0,74 rubles to 72,01 rubles.   …