The Russian ruble is at a 14-month low against the dollar, widening its previous losses, while the Russian stock market is falling further in the context of Moscow’s confrontation with the West over Ukraine. Instability has hit Russian assets in recent weeks. Western powers fear Russia is ready to invade its neighbor, something Moscow has […]
Tag: ruble
The ruble is falling amid geopolitical concerns
The Russian ruble fell to $ 75 against the dollar, losing all gains amid growing geopolitical concerns about Moscow’s rivalry with the West. The ruble fell sharply after Russian Deputy Foreign Minister Sergei Ryabkov said Washington’s rejection of Moscow’s key demands for security was leading the talks to a stalemate. Russia has said its talks […]
Pounds and rubles are falling, a new low for the Turkish currency
Most emerging-market currencies are losing ground as the dollar remains near a 16-month high, with the Turkish pound hitting new all-time lows and the Russian ruble under pressure amid growing geopolitical concerns triggered by the migrant crisis of the European Union. The ruble lost 0.4 percent after US officials expressed concern about “unusual Russian military […]
