currencies

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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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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