You Searched For "ruble" and got 20 results
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1 min read
Russia's ruble hits the lowest level in a year against the dollar and the yuan
As a key Treasury license is set to expire this month, it could become a lot harder for Russia to t…
Jennifer Sor
1 min read
Russia's oil revenue plummeted 29% in October amid volatile global crude prices
One of Russia's largest revenue sources took a hit in October, with oil revenue falling nearly 30% …
Jennifer Sor
2 mins read
Stock market today: Indexes hit records and notch 5-week win streak after upbeat earnings, cool inflation
The S&P 500 ended at a record high on Friday, representing the index's 45th record closing high thi…
Matthew Fox
2 mins read
Stock market today: US stocks edge up after wholesale inflation comes in cool
"CPI might have seemed hot, but PPI was not. Overall, these numbers are getting less impactful as i…
Matthew Fox
1 min read
Russian banks say they're run out of yuan as Chinese firms pull away from the nation
Payment scuffles between Russian companies and Chinese banks have escalated in recent weeks, with C…
Jennifer Sor
2 mins read
Russia is turning to crypto as sanctions snarl payments, report says
Russia could start cryptocurrency exchange trails as soon as next month, in order to solve payment …
Filip De Mott
3 mins read
The 4 forces that will challenge the dominance of the dollar, according to economic researchers
The dollar's dominance in financial markets has slipped, with the greenback accounting for less tha…
Jennifer Sor
1 min read
Russian ruble sinks to level that previously triggered emergency measures from Moscow
The last time the ruble deteriorated past the 100-per-dollar threshold, Russia's central bank hiked…
Filip De Mott
1 min read
The ruble is gaining and is the world's best performing currency versus the dollar in recent weeks amid rate hikes and energy costs
The ruble has jumped more than 10% since hitting a trough of around 100 against the greenback early…
Jennifer Sor
2 mins read
Russia adds fresh capital controls to prop up ruble, but Kremlin is 'applying a Band-Aid to gangrene'
Western companies exiting Russia must sell assets in rubles or else face delays and perhaps losses …
Filip De Mott
1 min read
Russia hikes rates to 13% in scramble to lower inflation and prop up the sagging ruble
"Significant inflationary risks have crystallised," the Bank of Russia said in a statement on Frida…
Jennifer Sor
1 min read
Russia rolls out currency controls in a bid to revive the ruble, which has cratered against the dollar this year
Moscow is trying to prop up the slumping ruble, which has shed around a quarter of its value this y…
George Glover
2 mins read
Russian ruble slumps to 18-month low as Israel-Hamas war sends US dollar higher in flight to safety
The Russian ruble weakened further as Hamas' deadly attack on Israel caused investors to seek safet…
Jennifer Sor
2 mins read
The CEO of Russia's biggest bank says the ruble is 'unjustifiably undervalued,' despite Putin downplaying the currency's weakness
Herman Gref, Sberbank's CEO said the Russian currency should be trading at 80 to 85 rubles to the U…
Huileng Tan
1 min read
Former Kremlin official blames the ruble's crash on Russia's stockpile of rupees that's stranded in India
"We have nothing to buy in India, but we cannot return these rupees, because the rupee is an inconv…
Filip De Mott
2 mins read
Stock market today: Indexes rise as tech tries to bounce back after chip rout
Jobless claims came in higher than anticipated, bolstering hopes that the Federal Reserve can cut i…
Filip De Mott
2 mins read
Russian ruble hits 16-month low as currency takes a beating from Ukraine invasion
The Russian ruble fell to its lowest level in 16 months on Monday morning as the currency continues…
Joseph Wilkins
2 mins read
The dedollarization drive is facing a confidence crisis as the yuan, ruble and Argentine peso simultaneously plummet, an analyst says
"The recent decline and volatility in the Chinese Yuan, the Russian Ruble, and to a lesser extent t…
Zahra Tayeb
1 min read
Ruble crashes further as Wagner's Yevgeny Prigozhin is said to be back in Russia after mutiny
The Russian ruble fell past 93 against the dollar on Thursday, amid continued political uncertainty…
Filip De Mott
1 min read
Russia eyes more extreme measures to prop up the ruble after it crashes to less than a penny
Kremlin officials have discussed reviving a requirement on companies to sell export revenue, source…