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Tag: ruble

15-month low ‘touched’ the ruble, Russian stock markets are falling

15-month low ‘touched’ the ruble, Russian stock markets are falling 15-month low ‘touched’ the ruble, Russian stock markets are falling

LAST UPDATE: 09.21 The Russian ruble fell to a 15-month low on Tuesday before narrowing losses after Russian President Vladimir Putin ordered troops to be deployed in two breakaway regions of eastern Ukraine after recognizing them as independent yesterday. According to Reuters, the ruble suffered the biggest daily drop since the outbreak of the coronavirus […]

The ruble is falling, the Russian stock markets are ‘falling’

The ruble is falling, the Russian stock markets are ‘falling’ The ruble is falling, the Russian stock markets are ‘falling’

The ruble fell to more than three weeks on Monday, wiping out gains earlier in a session with sharp changes, while Russian stock markets are “falling” as Western fears of a possible Moscow invasion of Ukraine overshadow hopes for a diplomatic solution. The Kremlin announced today that there were no concrete plans for a summit […]

Testing of the digital ruble has started in Russia

Testing of the digital ruble has started in Russia Testing of the digital ruble has started in Russia

The Central Bank of Russia announced the start of testing the digital ruble platform. According to the press service, the first transfers in digital rubles between citizens have already been successfully carried out. The creation of a prototype of the digital ruble platform was completed in December 2021. 12 banks expressed their desire to take […]

Russia: Aid for the ruble but ‘dip’ over 3% in the stock market

Russia: Aid for the ruble but ‘dip’ over 3% in the stock market Russia: Aid for the ruble but ‘dip’ over 3% in the stock market

LAST UPDATE: 11.00 The ruble regained some ground on Monday, recovering slightly from the sharpest fall in nearly two years on Friday, but stock indices plummet amid fears of an impending invasion of Ukraine. Moscow, for its part, rejects this scenario as Western propaganda, but has confirmed that bilateral relations with the United States are […]

Russia: Support for the ruble but the stock market is falling

Russia: Support for the ruble but the stock market is falling Russia: Aid for the ruble but ‘dip’ over 3% in the stock market

LAST UPDATE: 15.31 The ruble regained some ground on Monday, recovering slightly from the sharpest fall in nearly two years on Friday, but stock indices plummet amid fears of an impending invasion of Ukraine. Moscow, for its part, rejects this scenario as Western propaganda, but has confirmed that bilateral relations with the United States are […]

Russia: The central bank raised interest rates by 100 basis points

Russia: The central bank raised interest rates by 100 basis points Russia: The central bank raised interest rates by 100 basis points

Russia’s central bank today raised its key interest rate by another 100 basis points to 9.5%, raising its borrowing costs for the eighth time since last year, and said it was likely to raise further. The decision of the Russian central bank was in line with the estimates of analysts in a Reuters poll, which […]

The ruble is close to a 4-week high in the aftermath of the Putin-Macron meeting

The ruble is close to a 4-week high in the aftermath of the Putin-Macron meeting The ruble is close to a 4-week high in the aftermath of the Putin-Macron meeting

The ruble hit a four-week high on Tuesday in the wake of talks between the presidents of Russia and France, with investors looking for signs of de-escalation between Moscow and the West for Ukraine. According to Reuters, shortly before 10 am Greek time, the ruble rose 0.2% against the dollar to 75.34, while earlier it […]

Russia: Ruble falls – More than 1% fall in the stock market

Russia: Ruble falls – More than 1% fall in the stock market 15-month low ‘touched’ the ruble, Russian stock markets are falling

LAST UPDATE: 15.08 The ruble weakened on Thursday after reducing recent heavy losses for five consecutive days, while the country’s stock indices fell more than 1%, with investors watching the tensions between Moscow and the West that led to a big sell-off in January. Russian markets remain highly volatile and vulnerable to any news related […]

Ruble: Moves away from 15-month low, strengthens 1% against the dollar

Ruble: Moves away from 15-month low, strengthens 1% against the dollar Ruble: Moves away from 15-month low, strengthens 1% against the dollar

The ruble gained ground on Thursday, rising 1% against the dollar and moving away from the nearly 15-month low of the previous session, as the escalation of tensions over Ukraine continued to dictate activity in volatile Russian markets. The ruble fell to its lowest level since November 2020 on Wednesday, before reducing some of its […]

New losses for the ruble, at 79 per dollar

New losses for the ruble, at 79 per dollar New losses for the ruble, at 79 per dollar

The ruble is moving towards a low of more than 14 months, as the profits of the Russian currency, which came after the “freezing” of the foreign exchange markets in the domestic market, imposed yesterday by the Central Bank of Russia, in an effort to stabilize the market fears of escalating tensions between Moscow and […]