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 Dollar drops below 65 rubles

The dollar exchange rate declined below 65 rubles during the today's trading on the Moscow stock exchange. The dollar lost 0.75 rubles and was worth 64.6694 rubles, while the euro lost 0.70 rubles and was worth 73.3610 rubles on the …

Forecasts for ruble’s exchange rate worsened

Russia’s top bank Sberbank has worsened its forecasts for the ruble’s average annual exchange rate against the U.S. dollar for 2019–2020. The bank worsened the rate for 2019 to 68.5 rubles per U.S. dollar and for 2020 …

 Medvedev: U.S. actions feed de-dollarization idea

Russian Prime Minister Dmitry Medvedev said at the 10th Gaidar forum that the United States itself constantly feeds the de-dollarization idea with its actions.   "We are still dealing with the so-called …

Dollar gains value in Armenia

The American dollar’s (USD) exchange rate against the Armenian dram (AMD) comprised AMD 484.37/$1 in Armenia on Tuesday; this is up by AMD 0.62 from the previous business day in the country, according to the Central Bank of Armenia official …

Dollar drops below 67 rubles

The dollar exchange rate declined below 65 rubles during the today's trading on the Moscow stock exchange. The dollar lost 0.62 rubles and was worth 67.11 rubles, while the euro lost 0.44 rubles and was worth 76.8 rubles on the …

U.S. dollar rises amid global growth worries

The U.S. dollar rose on Wednesday as weak economic data from some major economies caused concerns over global growth, sparking demand for safe havens, Xinhua reports. After accounting for seasonal factors, the IHS Markit Eurozone …

Dollar and euro footstep away from 70 and 80 rubles

The dollar and euro exchange rates are getting closer to the psychological level of 70 and 80 rubles, respectively. The dollar exchange rate increased to 69.42 rubles at the Moscow Exchange from 68.77 rubles, as of 12:10 Moscow …

U.S. Fed raises interest rate to 2.5%

The U.S. Federal Reserve raised its benchmark interest rate a quarter-point but lowered its projections for future hikes. As markets had expected, the central bank took the target range for its benchmark funds rate to 2.25% to 2.5%. The …

Increasing oil price strengthens ruble

The ruble exchange rate has started to increase on the Moscow stock exchange today. The dollar exchange rate declined by 0.37 rubles and was worth 65.74 rubles, while the euro dropped 0.40 rubles and was worth 76.02 rubles. …