USDRUB

Russia: Central Bank cuts the reference interest rate by 150 bp to 9.5%

Russia: Central Bank cuts the reference interest rate by 150 bp to 9.5%

The Central Bank of Russia announced on Friday that it cut its monetary policy rate by 150 basis points from…

Russian Central Bank cuts official interest rate by 300 basis points to 11%

The Central Bank of Russia announced on Thursday that cuts its official interest rate by 300 basis points, to 11%…

We should be able to lower the key interest rate faster – Elvira Nabiullina

The Russian central bank governor Elvira Nabiullinahinted at a faster rate cut in his Monday appearance. Featured Statements We should…

USD/RUB rebounds from one-month lows, climbs near 79.75

USD/RUB will end the week down 6.18%, despite Friday's jump. Hostilities between Russia and Ukraine and peace talks continue, but…

Russian central bank keeps monetary policy rate unchanged at 20% as expected

The Bank of Russia announced on Friday that leaves the monetary policy rate unchanged at 20% as expected. Conclusions of…

USD/RUB soars to the 145.00 area

USD/RUB hits a new all-time high near 145.00. Geopolitics keeps the Russian currency under heavy pressure. The markets' attention remains…

Russian Central Bank (CBR) raises key rate to 20%, says ready for further action

The Russian central bank (CBR) raises the benchmark interest rate to 20%, in an unexpected move on Monday, as the…

USD/RUB drops to 81.60 and then bounces back

USD/RUB remains well defensive on RUB gains. Geopolitical nerves mitigate likely negotiation talks. US core PCE rose more than expected…

USD/RUB jumps to 78.80 and gains almost 2% on rising tensions in Eastern Europe

The USD/RUB has gained 6.44% in the last three days. Separatist leaders sought recognition from Russian President Putin, which could…

Central Bank raises monetary policy rate by 100 bps to 8.5% as expected

The Central Bank of Russia announced on Friday that it raised its monetary policy rate by 100 basis points to…