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Markets Insider LONDON — The Russian ruble is down 2.8% against the dollar on Wednesday after President Donald Trump ramped up his anti-Russian rhetoric on Twitter. The ruble was already down 1.7% in early European trading but took a leg lower after Trump warned Russia to “Get ready” for engagement in Syria. Trump tweeted: “Russia vows to […]
Published time: 24 Dec, 2017 01:20 The new Russian 2,000 ruble note elicits spontaneous singing, a viral promotional video by Russia’s Central Bank claims, and even its head, Elvira Nabiullina, is getting in on the act. In the video, a reporter is uses the new bill to buy an ice cream in a large mall. […]
Markets Insider The Russian ruble is weaker on Monday. The petro-currency was down by 0.9% at 58.2712 per dollar at 7:58 a.m. ET. Earlier in the day, oil was under pressure. Prices fell before bouncing back, weighed down by high supplies despite the initiative by major producers to cut output in an effort to tighten the market. […]
Markets Insider The Russian ruble is stronger. The petro-currency is up by 1.2% at 57.7349 per dollar as of 8:02 a.m. ET. Meanwhile, Brent crude oil, the international benchmark, is up by 1.1% at $ 56.91 per barrel. As for the rest of the world, here’s the scoreboard as of 8:05 a.m. ET: The British pound […]
Markets Insider The Russian ruble is tumbling. The petrocurrency is down by 1% at 58.1678 per dollar as of 8:06 a.m. ET. Earlier, data showed that Russian PPI rose by 12.7% year-over-year in January, marking the highest inflation since November 2015. It followed the 7.4% increase in December. Moreover, Brent crude oil prices, which are down by […]
The Russian currency continues its upward surge, trading below 58 rubles against the dollar for the first time since June 2015. This is despite the Central Bank of Russia purchasing dollars to replenish reserves, which often leads to ruble depreciation. Read more At the opening bell on the Moscow Exchange, the ruble was trading at […]
