currencies

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Andrei Kostin: dollar to decline by six rubles

Until the end of 2017, the ruble exchange rate may strengthen by 10%, the head of VTB Andrey Kostin said. "We believe that the ruble had to strengthen, but it was before  the government announced the …

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Euro falls below 60 rubles

The euro exchange rate fell to 59 rubles at the Moscow Exchange for the first time since June 3, 2015. As of 11:02 (MSK), the euro exchange rate reached 59.88 rubles. The dollar exchange rate, in turn, declined by 0.46 …

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Dollar back at 60

Today during trades on the Moscow Stock Exchange the dollar passed psychological barrier of 60 rubles per $1. For some time the US currency drifted around 59,9-60,05 rubles per $1, but then went up, gaining almost 1 ruble since trades …

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Dollar to hit parity with euro in 2017

The dollar is likely to hit parity with the euro during 2017 driven by diverging paths for interest rates, according to Goldman Sachs' chief economist. The Federal Reserve is likely to hike interest rates three times in 2017, …

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Dollar exchange rate approaches 60 rubles

There was a sharp decline in the dollar and the euro exchange rates today on the Moscow stock exchange. Dollar fell below 62 rubles for the first time since October and then updated its minimum of 2016, while the ruble rose against the …

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Azerbaijan limits foreign currency remittances

Azerbaijan put limits on the foreign currency remittances carried out by individuals, residents and non-residents of the country, without opening a bank account. The changes made in accordance with the '“Rules of Operations on …

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 WB ready to determine actual value of manat

The World Bank has published conditions for determining the actual value of the Azerbaijani currency. WB chief economist for Europe and Central Asia, Hans Timmer, said that if necessary conditions are created, the …

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Turkish lira drops to 3.13 per $1

The Turkish lira exchange rate has dropped to 3.1375 per $1, which is a new anti-record, the Hurriyet newspaper reports. Experts believe that the decline of the Turkish national currency was caused by the morning's terrorist attack …

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Azerbaijani Central Bank stabilizes manat rate

The official exchange rate of Azerbaijan’s national currency, the manat, against the US dollar was set at 1.637 for September 20, Azerbaijan’s Central Bank (CBA) said, adding that the manat exchange rate was stabilized. …

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Do Russians trust the ruble?

The majority of Russians prefer to make savings in rubles. Interest in US dollar decreases, the All-Russian Public Opinion Research Center reports. Today the number of respondents who make savings …

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Ruble continues to fall

The ruble exchange rate continues to fall. As of 10:00 MSK, the dollar reached the the level of 66.9 rubles on the Moscow Stock Exchange, gaining 0.26 rubles. In turn, the euro rose to 74.98 rubles, increasing by 0.11 rubles. …

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 Dollar exchange rate reaches 65 rubles

The dollar broke the barrier of 65 rubles on the Moscow stock exchange today for the fist time since June 27. The dollar exchange rate was worth 65.0325 rubles, the euro was worth 71.3225 rubles. The prices of Brent oil fell …

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Yuan reaches new historic low

The People’s Bank of China weakened its yuan fix further this morning, down 122 pips to 6.6594 per dollar, the lowest since December 2010. The offshore yuan fell another 0.1% to 6.6818. According to many experts, the Chinese …

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Brent price rises above $50

The prices of August futures for Brent oil have risen to $50.07 per dollar on the ICE Exchange in London, according to trading data. The exchange rate of the ruble grew today at the Moscow stock exchange by 1.14% to 64.1 rubles per …

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People's Bank of China pumps $14.5 billion into market

The People's Bank of China (PBOC) conducted 95 billion yuan ($14.5 billion) in seven-day reverse repurchase agreements (repo), a process in which central banks purchase securities from banks with an agreement to resell them in the future. …

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$50 per barrel significantly strengthens ruble

Rising oil prices caused appreciation of the ruble exchange rate in currency markets. As of 10:04, the cost of the futures of Brent crude oil on London's ICE trading reached $ 50.14 for the first time since November 2015, RBC …

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