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The dollar fell by 0.44% to 71.98 rubles on the Moscow Exchange on Wednesday. The last time the dollar was below 72 rubles on July 28, 2020. By 10:34 Moscow time, the dollar slowed down to 0.33% and reached 72.06 rubles. At the same …
Russia will eliminate the dollar from its National Wellbeing Fund, shifting to euros, yuan and gold, Finance Minister Anton Siluanov said, as the Kremlin seeks to reduce exposure to U.S. assets amid threats of sanctions. "We can …
The dollar exchange rate declined by 29.05 kopecks to 73.2965 rubles on the Moscow Exchange on Monday. The euro exchange rate dropped by 29.53 kopecks and amounted to 89.3778 rubles. The Russian ruble also …
Moscow’s multi-year push to reduce Russia’s exposure to the dollar hit a major milestone as the share of exports sold in the U.S. currency fell below 50% for the first time, Bloomberg writes. Most of the slump in dollar use came from Russia’s trade with China, more than three-quarters of which is now conducted in euros, according to central bank data published late Monday. The common currency’s share in total exports jumped more than 10 percentage points to 36%, the data for the fourth quarter show
The euro fell by 0.51% to 87.985 rubles on the Moscow Exchange on Tuesday. The last time the euro was below 88 rubles on September 2, 2020. By 14:01 Moscow time, the euro was trading at 87.95 (-0.56%). At the same time, the …
The Russian ruble is the most undervalued currency, according to the latest Economist 'Big Mac Index' currency comparison of McDonald's Big Mac prices across the world. While a Big Mac in the U.S. in January 2021 costs …
Head of the Russian Central Bank Elvira Nabiullina said that not everyone in Russia is interested in a strong national currency. She stands for the ruble "which is determined by the market," according to RTVI. …
The euro exchange rate rose by 1.51% to 94.02 rubles on the Moscow Exchange early on Monday. By 10:30 Moscow time, the dollar exchange rate was at 80.4925 rubles (+1.21%), the euro grew to 93.68 rubles (+1.14%). The last time …
The euro exchange rate exceeded 90 rubles for the first time since February of 2016, according to the trading data on the Moscow Exchange. At 13:02 (Moscow time), the rate of the European currency rose by 78 kopecks, reaching 90.1 …
Chief executive of Russia’s Sberbank German Gref said that the Russian ruble may strengthen at 60-62 rubles per dollar at year end. According to him, Russia's national currency is closely related to oil prices, but they …
The dollar exchange rate declined below 70 rubles for the first time since March 6 during the today's trading on the Moscow stock exchange. As of 11:59 Moscow time, the dollar lost 0.50 rubles and was worth 69.64 rubles, while …
Russia’s total external debt shrank in the first quarter to its lowest level since 2009, the central bank said, posing few extra risks for the already battered rouble and helping Russia withstand coronavirus-related shocks. …
The Russian ruble weakened against the dollar this morning, trading more than 80 per dollar, according to data from the Moscow Exchange. The Russian currency stood at 80.85 against the U.S. dollar, a 2.6% increase, as of 10:00 …
The Russian ruble weakened against the dollar this morning, trading more than 81 per dollar, according to data from the Moscow Exchange. The Russian currency stood at 80.79 against the U.S. dollar, 1.2% weaker than at the end of last …
The Russian economy has been rocked by the coronavirus outbreak, and the breakdown of the OPEC+ oil production pact between Russia and Saudi Arabia. The turmoil has shocked traders around the world and resulted in sharp volatility on the …
The Russian ruble weakened against the dollar this morning, trading more than 79 per dollar, according to data from the Moscow Exchange. The dollar exchange rate has exceeded the 79 ruble mark for the first time since February …
The dollar rose by 3% during the trading session on the Moscow Exchange today to 75.16 rubles, according to trading data. The dollar rate was at the level of 75 rubles last time on February 29, 2016. The euro added …
The dollar exchange rate gained 6.4% since its previous closure on the Moscow Exchange as Tuesday trading opened to 72.99 rubles, exceeding the 72 rubles mark for the first time since March 2016, according to the trading data as of 10:00 am …
The Russian central bank has started preemptive selling of foreign currency on the market today to lower market volatility after a steep drop in the rouble, the bank said. The move is aimed at "increasing the predictability of the …
Russia’s Finance Ministry said it would sell foreign exchange reserves in a bid to stabilize the ruble. “The value of liquid assets of the NWF and funds in the account for additional oil and gas revenues stand at more than …
