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The Russian national currency may drop to slightly more than 60 rubles per $1 by the end of this year if oil prices remain at the current level, the head of Russia’s Center for Strategic Research (CSR) and ex-Finance Minister …
The cost of the July futures of Brent crude oil on London's ICE trading decreased by 2.8% to $46.63 per barrel, breaking the minimum of November 29, 2016. For the first time since November 30, 2016 the oil price declined below the …
The first-quarter ruble appreciation was mainly caused by foreign trade revenue inflows, Bank of Russia's First Deputy Governor Ksenia Yudaeva said. "That is why the first-quarter ruble appreciation was mainly …
Russian national currency began to strengthen against the dollar and the euro after the meeting of President Vladimir Putin with US Secretary of State Rex Tillerson and Russian Foreign Minister Sergey …
The ruble exchange rate is strengthening against the dollar and the euro on the Moscow Stock Exchange: the dollar declined by 0.18 rubles and was worth 55.9 rubles, The euro exchange rate fell 0.24 rubles and was worth 59.65 …
The euro fell below 60 rubles, thus renewing the minimum of early July 2015. At 18:28 (Moscow time), the euro was at the level of 59.98 rubles, gazeta.ru writes. …
There was a sharp decline in the dollar exchange rates today on the Moscow stock exchange. Dollar fell below 56,55 rubles for the first time since mid-July 2015, reaching 56.36 rubles. The euro exchange rate declined by 0.29 rubles to 60.63 …
Can overpriced ruble hurt Russian economy?
Russian Finance Minister Anton Siluanov said that the rouble is overvalued by up to 12%, making it a good time for foreign currency purchases under which the ministry may buy at least $1 billion in 2017
Russia's Finance Ministry plans to spend 70.5 bln rubles ($1.2 bln) on foreign currency purchases on the domestic market during the period from March 7 to April 6, 2017, the Ministry said in a statement.
Until the end of 2017, the ruble exchange rate may strengthen by 10%, the head of VTB Andrey Kostin said. "We believe that the ruble had to strengthen, but it was before the government announced the …
The strengthening of the Russian currency is short-term, and it may slightly weaken in the nearest future and then stabilize, the Russian Economic Development Minister Maxim Oreshkin said after meeting the President …
Today's trading on the Moscow stock exchange resulted a sharp decline in the dollar and the euro exchange rates against the ruble. As of 10:40 (MSK), the euro exchange rate fell below the level of 60 rubles, and as of 11:40 it …
Russian President Vladimir Putin may discuss the issue of strengthening of the Russian currency at the meeting with Economic Development Minister Maksim Oreshkin later in the day, the Kremlin spokesman …
The euro exchange rate fell to 59 rubles at the Moscow Exchange for the first time since June 3, 2015. As of 11:02 (MSK), the euro exchange rate reached 59.88 rubles. The dollar exchange rate, in turn, declined by 0.46 …
As of 10:10 am (MSK), the dollar exchange rate was worth only 57.9625 rubles at the morning trading session at the Moscow Exchange. For the last time the ruble exchange rate was so high in summer 2015. The euro was worth 61.32 rubles. …
Russian Central Bank made a mistake by allowing the exchange rate to drop so much
All Russia's crises took place in radically different epochs of economic development
The cost of the futures of Brent crude oil on London's ICE trading have risen by 0.94% to $57.05 per barrel. The last time the price of Brent crude rose above $57 per barrel was on January 6, 2017, TASS recalls. …
If the US eases the sanctions, the Russian currency would appreciate 5% to 10%, according to 27 economists surveyed by Bloomberg, with 41% of respondents predicting a gain of 1% to 5%. However, the probability that the US president …
