currencies

Russia believes in possibility of SWIFT alternative

Russia cannot rule out that an alternative to the SWIFT payment system could appear, based on new technologies, Deputy Foreign Minister Alexander Pankin said. "Given the fast development of digital currencies and blockchain, it is …

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Bitcoin prices break through $36,000

Bitcoin prices rallied again today, surpassing the $36,000 price level as the cryptocurrency benefited from sustained momentum. The world’s most prominent digital currency climbed to as much as $36,461.69 at roughly 4 p.m. EST, …

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Russia's foreign debt shrinks as rouble weakens

Russia’s total external debt shrank in the first quarter to its lowest level since 2009, the central bank said, posing few extra risks for the already battered rouble and helping Russia withstand coronavirus-related shocks. …

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Russia's central bank starts preemptive FX selling

The Russian central bank has started preemptive selling of foreign currency on the market today to lower market volatility after a steep drop in the rouble, the bank said. The move is aimed at "increasing the predictability of the …

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Dollar-to-ruble rate grows to 72.5 rubles on Forex

The dollar-to-ruble rate on the international Forex market rose on Monday since the previous closure by 3.93 rubles and amounted to 72.5 rubles, according to the trading data. The euro-to-ruble at Forex increased compared to the closing …

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Russia to print bolivar bills for Venezuela

Venezuela’s government has turned to Russia's Goznak state-owned money printer to purchase 300 million new bolivar bills, Bloomberg reported.  The notes will carry denominations ranging from …

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Moscow Exchange Index breaks record

On the first trading day in the new year, the Moscow Exchange Index updated the historical maximum gaining 3086.09 points. On Friday, the index grew by 1%, up to 3076.37 points, the RTS index showed an increase of 0.99%, up to 1564.18 …

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Russians buying up dollars and euros before New Year

Russians are actively buying up dollars and euros before the New Year holidays, according to the Bank Russky Standart's report. "The end of 2019 is characterized by a slight plunge in dollar and rouble appreciation. The …

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Erdogan calls on to dump dollars and use lira

Turkish President Recep Tayyip Erdogan called on citizens to use the Turkish lira instead of the U.S. dollar in transactions. “Leave the dollar and the rest. Let’s turn to our money, the Turkish lira. …

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Tenge hits new record low

The Kazakh tenge dropped to 386.9 per dollar on the Kazakhstan Stock Exchange (KASE) this morning as of August 6, 2019, the press service of KASE said. The maximum dollar selling rate in exchange offices of Nur-Sultan is 387.2 …

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Dollar surges above 65-ruble mark

The dollar exchange rate exceeded 65 rubles for the first time since June 7 during the today's trading on the Moscow stock exchange. The dollar was worth 65.02 rubles as of 12:09 (Moscow time). The euro exchange …

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Crypto mining now official activity in Iran

  Cryptocurrency mining is now an official industrial activity in Iran after winning approval from the country’s cabinet. In a session on Sunday, chaired by President Hassan Rouhani, cabinet …

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Georgia to release new 10 GEL bills on October 1

The National Bank of Georgia will release new 10 GEL bills starting October 1, President of the National Bank of Georgia Koba Gvenetadze said today at the presentation of the new banknotes. Bacha Malazonia is the …

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