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The ruble exchange rate should be "pretty stable" at current levels for the rest of the year after temporary factors affecting it in the first half have worn off, Russia’s economy minister Maxim Oreshkin said …
Russia goes crazy for cryptocurrency
Russian Minister of Economic Development Maxim Oreshkin said that Russia's national currency should be supported because a "big trend toward the de-dollarization" of the country's economy is growing at a steady …
Russia will speed up work on reducing its dependence on U.S. payment systems and the dollar as a settling currency in response to U.S. sanctions, Russia's Deputy Foreign Minister Sergei Ryabkov said. "We will …
Dollar's exchange rate increased by 0,42 rubles - to 60,77 rubles, Moscow stock exchange reported on Wednesday. Euro rose by 0,74 rubles to 72,01 rubles. …
Russia's Minister of Economic Development Maxim Oreshkin said the current ruble exchange rate is "normal". According to him, the current rate corresponds to the dynamics of capital flows. "The …
This morning the dollar exchange rate increased by 0.47 rubles and was worth 60.04 rubles, the euro rose 0.43 rubles and was worth 70.45 rubles at the Moscow Exchange. The dollar rose above 60 rubles for the first time since July …
US Federal Reserve's Open Market Committee (FOMC) kept interest rates unchanged, while at the past committee's meeting in mid-June the target rate was raised to 1-1.25% from 0.75-1.0%. The Fed also raised the rate in March, …
Russian Economic Development Ministry does not expect any drastic changes after the expansion of US sanctions against Russia, the head of the department Maksim Oreshkin said. "We have a floating exchange rate, …
Most (66%) of the Russian industry sector believes that strengthening of the ruble will have a positive impact on their work, annual study of the international consulting company Deloitte shows. According to vice-president of the …
The euro rose to 70 rubles for the first time since November last year during the today's trading on the Moscow stock exchange. The euro exchange rate rose 0.60 rubles and was worth 69.80 rubles on the Moscow exchange, as …
The declining role of foreign currency in Russia's economy is "a sign of a growing ruble', the Director of the Bank of Russia Monetary Policy Department, Igor Dmitriev, said. "Try to remember when you …
Russia's current account deficit could widen to $5 billion in the third quarter, Russian Economic Development Minister Maxim Oreshkin said, in comments which suggest downward pressure on the ruble could …
The official euro exchange rate increased by 0.28 rubles to 69.02 rubles on the Moscow stock exchange for the first time since Autumn 2016. The price of the US dollar increased by 0.27 rubles, reaching 60.43 rubles, Gazeta.ru …
The ruble exchange rate increase against the dollar and the euro on the Moscow exchange against the background of growing oil prices. Brent for September settlement gained as much as 1.29% to $46.34 per barrel on the London-based ICE …
Today the US currency during the trading process at the Moscow Stock Exchange has crossed its psychological barrier of 60 rubles for the first time since February 2017. The cost of the euro has crossed the barrier of 67 rubles for the first …
Russian national currency rate began to drop today following cheap oil prices, which dropped to $47.2 per barrel. The dollar rose to 58 rubles, while the European currency exceeded psychological mark of 65 rubles for the first time since February …
Russia’s Finance Ministry expects that the oil price will drop to $40 per barrel after the oil production reduction agreement between OPEC and non-OPEC oil producers expires, Russia's Deputy Finance Minister Vladimir …
The cost of the August futures of Brent crude oil on London's ICE trading have declined by 3.3% to $48.95 per barrel. As of 13:31, the dollar increased by 0.37 rubles and was worth 56.75 rubles on the Moscow stock …
According to a survey conducted by the Gaidar Institute among heads of Russian industrial enterprises in March, 52 rubles per dollar is the exchange rate of the national currency, which is optimal for the Russian industry. …
