devaluation

Will deflation replace inflation in Russia?

Will deflation replace inflation in Russia?

The effect of the devaluation of the ruble has exhausted itself. This is confirmed by the decrease in the average daily rate of inflation from 0,031% in January to 0.021% in February this year, the report Sberbank CIB analysts reports. …

IMF notes positive sides of devaluation of manat

IMF notes positive sides of devaluation of manat

An IMF delegation led by the head of the mission on Azerbaijan, Muhammad el Gorchi, issued a statement summarizing the results of its visit to Baku, held from January 28th to February 3rd. The document notes that …

Tenge reaches new record low

Tenge reaches new record low

The Kazakh tenge dropped to 337.80 per dollar on the Kazakhstan Stock Exchange (KASE) today, RIA Novosti reports. For the last two days the national currency fell by 25.88 Kazakh tenge, Trend reports. …

Another devaluation of the manat possible in Azerbaijan

Another devaluation of the manat possible in Azerbaijan

The Asian Development Bank (ADB) has published the forecast, according to which, the Azerbaijani authorities can wait for a second devaluation of the national currency. The ADB experts note that the factors which affect the stability of …

Ruble falls to half-year low

Ruble falls to half-year low

This morning, the dollar increased by 0.75 rubles and was worth 65.03 rubles, the euro rose 1.02 rubles and was worth 72.07 rubles at the Moscow Exchange. The euro rose above 72 rubles for the first time since February 24, and the dollar rose …