Russian ruble

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Dollar surpasses 62 rubles

Dollar surpasses 62 rubles

The dollar surpassed 62 rubles on the Moscow Exchange on Friday, while the euro rose above 63 rubles for the first time since July 8. Thus, the dollar rose by 2.37% to 62.25 rubles and the euro reached 63.68 rubles (+3.06%). …

Russia and Türkiye negotiating to increase trade in ruble, lira

Russia and Türkiye negotiating to increase trade in ruble, lira

The delegations of Russia and Turkey are negotiating to increase trade in national currencies, the Aydinlik newspaper reported on Tuesday, citing its sources. Technical delegations are negotiating between the two countries to harmonize …

"De-dollarization has started and there is no way to stop it"

"De-dollarization has started and there is no way to stop it"

The US greenback keeps losing its global position, the process of de-dollarization has already started and there is no way to stop it, State Duma Speaker Vyacheslav Volodin wrote on his Telegram channel on Tuesday. "How fast - …

Ruble weakens against dollar, euro

Ruble weakens against dollar, euro

The ruble was weakening against the dollar and the euro compared to the close of the previous session at the beginning of currency trading on the Moscow Exchange. As of 12:56 Moscow time, the dollar-to-ruble rate rose by 3 rubles to …

Kyrgyzstan switches to ruble settlements with Russia

Kyrgyzstan switches to ruble settlements with Russia

Kyrgyzstan and Russia have completely switched to settlements in rubles, Kyrgyz Economy and Commerce Minister Daniyar Amangeldiev said. "We have completely switched with Russia to settlements in rubles," he said at a briefing …

Tehran exchange launches trading in Iranian rial/ruble

Tehran exchange launches trading in Iranian rial/ruble

The Tehran exchange has launched Iranian rial/Russian ruble trading, the head of Iran's central bank said on Tuesday. "The launching of trading in the ruble/Iranian rial currency pair is an important step in the development of …

Russia and Iran to replace dollar with rial, ruble in trade

Russia and Iran to replace dollar with rial, ruble in trade

The heads of the central banks of Russia and Iran agreed to abandon the dollar in mutual settlements: soon in all settlements between the countries will be used national currencies - the ruble and the rial, Chief of the Economic Commission of …

Euro approaches parity with dollar

Euro approaches parity with dollar

The euro and dollar exchange rates dropped below 59 rubles on Moscow Exchange on Tuesday, according to trading data. As of 10:07 am Moscow time, the euro exchange rate was down by 0.04% at 59.2 rubles, while the dollar was up by 0.34% …

Dollar staying above 60-ruble mark

Dollar staying above 60-ruble mark

The ruble weakened against the dollar and strengthened against the euro compared with previous closing as foreign currency trading started on Moscow Exchange on Monday. As trading opened on Moscow Exchange the dollar exchange rate rose …

Euro below $1.01 against dollar for first time in 20 years

Euro below $1.01 against dollar for first time in 20 years

The EUR/USD plummeted to fresh 20-year lows on Friday as the euro-dollar pair traded below 1.01 for the first time since December 2002, according to Forex Capital Markets. As of 10:44 am Moscow time, the EUR/USD was trading at 1.0071, …

Russian ruble hits 60 vs dollar

Russian ruble hits 60 vs dollar

The ruble tumbled to a near four-week low on Tuesday, at one point losing more than 9% to hit 60 against the dollar. By 10:18 GMT, the rouble was 8.2% weaker against the dollar at 59.79, earlier hitting 60.40, its weakest point since …

Russian ruble firms to 7-year high past 53 vs dollar

Russian ruble firms to 7-year high past 53 vs dollar

The Russian ruble jumped on Wednesday to its strongest mark in seven years against the dollar and euro, supported by capital controls, a favourable upcoming tax period and Russia's trade surplus. At 07:34 GMT, the ruble was 1.4% …

Nabiullina: dollar, euro not to be banned in Russia

Nabiullina: dollar, euro not to be banned in Russia

When asked on the sidelines of the St. Petersburg International Economic Forum (SPIEF) whether the circulation of dollars and euros might be prohibited throughout Russia, Central Bank Governor Elvira Nabiullina said that it would not, assuring …

Russia's First Deputy PM: ruble is too strong now

Russia's First Deputy PM: ruble is too strong now

The ruble rate is too strong now and the rate of 70-80 rubles per dollar is balanced, First Deputy Prime Minister Andrey Belousov said in an interview with TASS. "The ruble is too strong with us. 55-60 rubles per dollar is the …

Dollar falls below 56 rubles, euro - below 58 rubles

Dollar falls below 56 rubles, euro - below 58 rubles

The dollar fell below 56 rubles on the Moscow Exchange, the euro - below 58 rubles for the first time since May 25, 2022. By 15:10 Moscow time, the dollar fell by 1.76% to 55.8 rubles, the euro was trading at 57.955 rubles (-3.57%). …

Dollar falls below 60 rubles

Dollar falls below 60 rubles

The dollar fell below 60 rubles for the first time since May 26 on the Moscow Exchange on Wednesday. By 14:25 Moscow time, the dollar accelerated its decline to 59.65 rubles (-2.28%), while the euro fell to 63.46 rubles (-3.26%). …