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Russian Sberbank and Turkish Denizbank intend to implement the ruble payment system in the agricultural and tourism sectors, the CEO of Denizbank, Hakan Atesh said. According to him, the relations between Russian and Turkish banks …
Today during trades on the Moscow Stock Exchange the dollar passed psychological barrier of 60 rubles per $1. For some time the US currency drifted around 59,9-60,05 rubles per $1, but then went up, gaining almost 1 ruble since trades …
Moscow reported the most inflows of foreign portfolio money than any other global emerging market fund
The Russian government along with the Central Bank are preparing a joint strategy to tackle ruble long-term volatility, the First Deputy Prime Minister of Russia, Igor Shuvalov, told Bloomberg. "It is obvious …
Kudrin does well to make the case for change in geopolitical terms
The dollar exchange rate dropped today to 59.13 rubles during trading on the Moscow stock exchange. As for 14:30, according to the MICEX, the dollar was trading at a minimum of 58.95 rubles, but late increased a little. Thus, the ruble …
While Russia was celebrating the New Year, the Russian national currency has been steadily growing, partly ceased to be dependent on oil prices and the dollar due to the rise in the US Federal Reserve's rate. On January 3, the …
Oil prices, after falling the day before, began to recover gradually due to a thorough implementation of the agreement on the production cuts. Thus, the March futures for Brent crude oil on London's …
There was a decline in the dollar and the euro exchange rates today on the Moscow stock exchange.
Chairman of the Board of the National Currency Association sums up the outgoing year
The Bank of Russia does not expect serious shocks on the Forex market in any economic development scenario, the Chairperson of the Russian Central Bank …
It can surprise next year by accelerating growth to 1.5%
Trump presidency, with its deficit and debt-funded high-growth ambitions, mights influence the Fed’s stance in future
There was a sharp decline in the dollar and the euro exchange rates today on the Moscow stock exchange. Dollar fell below 62 rubles for the first time since October and then updated its minimum of 2016, while the ruble rose against the …
Russia is ready to trade with Turkey in rubles and liras, Russian Central Bank reported today. "There are no legal and technical obstacles for residents of Russia and Turkey to trade in national currencies. There is no need to sign a …
In September and October 2016, Russians spent 5.4% of their income to purchase foreign currency, which is the highest indicator of currency purchases among population since December, 2014, according to data of the Federal State Statistics …
Turkey is seeking to conduct trade with Russia, China and Iran in national currencies, announced Turkish President Recep Tayyip Erdoğan on Saturday. Speaking at the opening ceremony of a shopping mall in Istanbul, Erdoğan said that he …
The volatility of the ruble has dropped significantly due to declining volatility of oil futures and returned to the level of the summer of 2014, the Bank of Russia reports. The regulator also noted that this month the market …
With low oil prices dragging down the Russian currency, and a US interest rate increase in the offing, experts are suggesting investors hang on to ruble bonds because of their high yield. Traders, borrowing dollars at close to zero percent …
The dollar exchange rate fell by 0.22% to 61.99 rubles during the trading session on the Moscow Stock Exchange. For the last time the US dollar exchange rate was below 62 rubles on 3 November, 2015. At the same time, the …
