dollar

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Russian ruble hits 5-year low

The Russian economy has been rocked by the coronavirus outbreak, and the breakdown of the OPEC+ oil production pact between Russia and Saudi Arabia. The turmoil has shocked traders around the world and resulted in sharp volatility on the …

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Dollar exchange rate exceeds 79 rubles

The Russian ruble weakened against the dollar this morning, trading more than 79 per dollar, according to data from the Moscow Exchange. The dollar exchange rate has exceeded the 79 ruble mark for the first time since February …

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Dollar rises above 75 rubles

The dollar rose by 3% during the trading session on the Moscow Exchange today to 75.16 rubles, according to trading data. The dollar rate was at the level of 75 rubles last time on February 29, 2016. The euro added …

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Dollar exchange rate exceeds 72 rubles on Moscow Exchange

The dollar exchange rate gained 6.4% since its previous closure on the Moscow Exchange as Tuesday trading opened to 72.99 rubles, exceeding the 72 rubles mark for the first time since March 2016, according to the trading data as of 10:00 am …

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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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Why Coronavirus fears hit ruble exchange rate?

The dollar exchange rate increased to 64.01 rubles at the Moscow Exchange today. As of 11:26 Moscow time, the dollar was 64.04 rubles (+0.23%), and the euro - 70. 96 rubles (+0.11%). For the last time, the dollar exchange rate …

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Russia continues policy of gradual de-dollarization

Amid Washington's sanctions, Moscow pursues the policy of gradual de-dollarization of its economy and expansion of settlements in national currencies, Russian Foreign Minister Sergey Lavrov said. The minister …

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Euro drops below 68 rubles

The euro exchange rate declined below 68 rubles during the yesterday's trading on the Moscow stock exchange. The euro lost 1.23 rubles and was worth 67.925 rubles, while the dollar lost 0.70 rubles and was worth 61.11 rubles on the …

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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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Bloomberg calculates Russia's loss from dollar dump

The first year of experiment in diversifying away from the U.S. dollar cost Russia about $7.7 billion in potential returns, Bloomberg reported. Russia’s central bank added exposure to underperforming currencies such …

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Putin: U.S. uses dollar as political weapon

Russian President Vladimir Putin warned that U.S. policies of using the dollar as a political tool will backfire. “With respect to the U.S. dollar, it is a special topic to discuss," he said at the …

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U.S. dollar rises amid data

The U.S. dollar rose in late trading as investors digested a batch of major economic data, Xinhua reports. Total inventories of merchant wholesalers were 679.1 billion U.S. dollars at the end of July, up 0.2 percent from the revised …

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