euro

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Euro surges above 74-ruble mark for first time since April 1

Euro surges above 74-ruble mark for first time since April 1

The ruble exchange rate began to decline on the Moscow stock exchange today with the euro rising above 74 rubles for the first time since April 1. The dollar exchange rate increased by 0.36 rubles and was worth 66.37 rubles, while …

Russia becomes leader in dumping dollar

Russia becomes leader in dumping dollar

Russia has became one of the main drivers in the process of dedollarization last year, the European Central Bank said in its June report on the strengthening of the role of the euro in the global economy. According to the authors of the …

Brent oil hits $75 per barrel

Brent oil hits $75 per barrel

Brent crude oil rose above $75 per barrel today for the first time in 2019 in the wake of tightening sanctions on Iran, while gains in U.S. prices were crimped by a surge in U.S. supply. Brent crude futures rose to a 2019 high of $75.01 …

Dollar surges above 65-ruble mark

Dollar surges above 65-ruble mark

The dollar exchange rate exceeded 65 rubles during the today's trading on the Moscow stock exchange. The dollar rose 39 kopecks and was worth 65.25 rubles. The euro exchange rate rose 43 kopecks to 73.23 rubles.  …

Why is ruble going strong?

Why is ruble going strong?

The dollar exchange rate declined below 65 rubles during trading on the Moscow stock exchange last week, while the euro exchange rate dropped below 74 rubles. This week the dollar fluctuated near 64.5 rubles on Monday-Wednesday, …

 Dollar drops below 65 rubles

Dollar drops below 65 rubles

The dollar exchange rate declined below 65 rubles during the today's trading on the Moscow stock exchange. The dollar lost 0.75 rubles and was worth 64.6694 rubles, while the euro lost 0.70 rubles and was worth 73.3610 rubles on the …

Why dollar lost its spot in Russia's foreign-exchange reserves?

Why dollar lost its spot in Russia's foreign-exchange reserves?

Russian Central Bank published information on geographical and monetary structure of its foreign-exchange reserves with a six-month lag. It turned out that at the end of June of last year, American dollar lost its first place in Russian …

Dollar drops below 67 rubles

Dollar drops below 67 rubles

The dollar exchange rate declined below 65 rubles during the today's trading on the Moscow stock exchange. The dollar lost 0.62 rubles and was worth 67.11 rubles, while the euro lost 0.44 rubles and was worth 76.8 rubles on the …

Dollar and euro footstep away from 70 and 80 rubles

Dollar and euro footstep away from 70 and 80 rubles

The dollar and euro exchange rates are getting closer to the psychological level of 70 and 80 rubles, respectively. The dollar exchange rate increased to 69.42 rubles at the Moscow Exchange from 68.77 rubles, as of 12:10 Moscow …

End of euro?

End of euro?

EU Chief's desperate plead to save eurozone – 'Give people back control'

EU finance ministers agree to bolster eurozone

EU finance ministers agree to bolster eurozone

EU finance ministers have agreed on steps to bolster the eurozone against future financial crises, striking a deal after negotiations that went through the night. "We made it," Eurogroup President Mário …

Will Russia issue Eurobonds in euros once again?

Will Russia issue Eurobonds in euros once again?

Russia's Finance Ministry is planning its first euro-denominated bond in half a decade as Moscow strives to reduce dependence on the U.S. dollar. The Eurobond settlement date is scheduled for December 4, 2018, the bond's …

Brent oil trades below $65

Brent oil trades below $65

January 2019 futures for Brent crude oil were trading below $65 per barrel for the first time since March 16, according to the London-based ICE stock exchange data. The trading began at $69 per barrel and the price lost 7.30% throughout …

Increasing oil price strengthens ruble

Increasing oil price strengthens ruble

The ruble exchange rate has started to increase on the Moscow stock exchange today. The dollar exchange rate declined by 0.37 rubles and was worth 65.74 rubles, while the euro dropped 0.40 rubles and was worth 76.02 rubles. …