page 18
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 …
Russia's Central Bank chairperson Elvira Nabiullina said that the central bank and the government should not force market players to have their deals in rubles, making ruble deals profitable instead. "To make …
Russian banking system is experiencing massive outflow of foreign currency from individuals' deposits
Russia’s Economic Development minister Maksim Oreshkin said that the ministry expects the oil price to slip to $50 per barrel by 2025-2030 and stay at that level long-term. According to him, this trend is …
Russia's finance ministry expects the plan for Russian economy's de-dollarization to be adopted before end of 2018, Russian Deputy Finance Minister Alexei Moiseev said. Moiseyev said that the de-dollarization …
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. …
The ruble exchange rate began to decline on the Moscow stock exchange today. The dollar exchange rate increased by 0.47 rubles and was worth 67.06 rubles, while the euro rose 0.43 rubles and was worth 77.14 rubles. Brent oil …
Russian Finance Minister Anton Siluanov detailed the actions taken by the government to reduce Russian economy's dependence on the dollar. Siluanov noted that European companies are considering the idea of …
Iran expects to increase the share of transactions in national currencies in trade with Russia, Iranian Central Bank Governor Abdolnaser Hemmati said following his visit to Russia. According to him, following the …
Russia could expand the use of rubles for international settlements but it was unlikely to ban U.S. dollars, chief executive of VTB Andrei Kostin said. "Wider usage of the ruble... gives more business to the …
The possible new sanctions against Russia by the U.S. and UK, after the Netherlands claimed that the Dutch military intelligence and security service had allegedly prevented an attack by Russian hackers against the OPCW, the Russian national …
Russian experts believe that moving away from dollar will present certain difficulties
According to Vnesheconombank Deputy Chairman Andrey Klepach, the Central Bank of Russia may cancel the moratorium on purchasing of the dollars at the domestic market by the end of the year. "This is justified, because it is an …
The ruble ranked among the top three undervalued world currencies, according to Deutsche Bank's Behavioral Equilibrium Exchange Rate (BEER). It is 15% weaker than its "fair rate," the bank's economist said. In the review of …
More and more countries in Asia and Europe are seeking an alternative to the US dollar, Kremlin spokesman Dmitry Peskov said. The spokesman noted that Washington has been undermining trust in what has been the …
The countries agreed to use local currencies in trade
Ruble exchange rate began to decline after three hours of stabilization and growth attempts. Dollar and euro exceeded levels of 70 and 81 rubles respectively. "Euro exchange rate exceeded 81 rubles for the first time …
Russia's response to the US sanctions should increase the resilience of Russia’s economy, free it from dependence on the dollar, Russian Deputy Foreign Minister Sergei Ryabkov said. "The time has come …
The ruble exchange rate continues to decline against the dollar and the euro on the Moscow exchange. The euro rose 0.27 rubles and was worth 79.17 rubles, the dollar exchange rate increased by 0.42 rubles and was worth 68.45 rubles. …
The ruble is declining against the dollar and the euro today. The euro rose by 1.5% and was worth 79.02 rubles during the today's trading on the Moscow stock exchange. The is the highest rate since April 11. The …
