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Russia’s central bank said it would not intervene in currency markets following a sharp drop in the value of the ruble, playing down the impact on the currency of new US sanctions. The sharp devaluation prompted market speculation …
The Russian ruble was down more than 3% this morning as the fresh US sanctions against Moscow roiled the currency. The dollar added 1.86 rubles against the ruble and reached 60.03 rubles first time from November 16, 2017, …
The dependence of the ruble exchange rate on energy prices has declined, there are no grounds for expecting sharp fluctuations in the ruble exchange rate, Russia's Finance Minister Anton Siluanov said in an interview with the …
Today's trading on the Moscow stock exchange resulted a decline in the dollar and the euro exchange rates against the ruble. As of 10:30 (MSK), the dollar exchange rate fell below the level of 56 rubles - 55.85 rubles, …
The dollar exchange rate declined on the Moscow Stock Exchange today and was worth 55.76 rubles, as of 10:10. The dollar exchange rate was lower than 56 rubles for the first time since the end of 2017, RIA Novosti …
Head of Sberbank Herman Gref does not see dramatic changes for the ruble exchange rate and oil prices in 2018, he said on the sidelines of the World Economic Forum in Davos. "To be honest, we do not see any …
Foreigners' interest to investment in Russian bonds is responsible for a high rate of the ruble, Finance Minister Anton Siluanov said on the sidelines of the Gaidar Forum, which is held in Moscow. "Investor …
In 2018, Russia has a chance to change the economic situation for the better, but this requires serious steps, the first deputy chairman of the economic committee of the Federation Council, Sergei Kalashnikov, said. …
This morning the dollar exchange rate increased by 0.03 rubles and was worth 57.66 rubles at the Moscow Exchange. The euro rose 0.05 rubles and was worth 69.3 rubles. …
Transition from recession to modest growth was the main result of Russian economy this year, economists said in an interview with Vestnik Kavkaza, speaking about the most significant economic events of 2017. The advisor on …
The chief economist at PF Capital on the changes in Russia's economy and its current state
Russia's Finance Minister Anton Siluanov said that the ministry could spend around 2 trillion rubles ($35 billion) on foreign currency next year if Urals prices are at $54-55 per barrel. "This would more than …
Russian Economy Development Minister Maxim Oreshkin said that the real ruble exchange rate next year will not deviate significantly from the current rates. He noted that Russia's inflation could fall lower than …
Russia's Central Bank does not see any factors that could lead to high volatility of the ruble in the near future, the Director of the Central Bank’s Monetary Policy Department Igor Dmitriev said. "In …
Oil prices pushed higher as the conflict between Iraq and Kurdistan entered a new phase with the advance of Iraqi forces on Kirkuk. Brent rose above $58 and while the late September highs above $59 are within sight it may struggle …
However, this is the budget of stability and progressive economic development
Russia's Finance Ministry published forecast of main parameters of the Russian economy for a long-term period. According to this data, average dollar exchange rate will rise to 82.5 rubles in 2031-2035. It is reported that this data is …
Analysts give different predictions on results of the two-day session of the U.S. Federal Reserve System. The Fed is not expected to increase discount rate at tomorrow's disclosures, but it can give information about reducing its balance …
Russian Economy Minister Maxim Oreshkin said that he expected the ruble to be steady in 2018-2020 despite Western sanctions and an expected decline in oil prices, RIA Novosti reported. The rouble firmed 6% so far this year to 57.73 …
Russia's Economic Development Minister Maxim Oreshkin expects that the ruble exchange rate will remain stable in the coming months. "The factors that influenced the ruble in the first half of the year are no …
