Tag: ruble
Russian ruble falls sharply: “An economic downhill”
When the Russian currency, the ruble, fell by seven percent on Thursday, emergency measures were activated and the central bank halted all purchases of foreign currency for the rest of…
Currencies, the ruble weakens beyond the symbolic threshold of 100 against the dollar
(Finance) – The Russian ruble has weakened beyond the symbolic threshold of 100, against the US dollar, while foreign currency outflows and the contraction of the trade balance continue to…
The Russian ruble is weakening and the state coffers are emptying – this is the Kremlin’s new tax, which forces companies to join “war talks”
of the Russian state budget is missing more than 2.8 trillion rubles, or about 27 billion euros. The situation is worsened by the depreciation of the ruble. To ease the…
Shock increase in the key interest rate in Russia after a sharp fall in the ruble
On Monday, the currency fell below 100 rubles per dollar. It is the lowest ruble exchange rate since March 2022. The rate hike – which comes just three weeks after…
Russia’s central bank convenes extraordinary meeting after ruble collapse
(Tiper Stock Exchange) – There central bank of Russia will hold one meeting tomorrow, Tuesday 15 August 2023, for discuss the level of the reference rate, with the press release…
Russia: why Moscow is accelerating the development of the digital ruble
This digital innovation could allow a crucial modernization of the Russian monetary system, while Russia is oppressed by international sanctions. The digital rouble, version 2.0 of the country’s traditional currency,…
The ruble was imposed, Russia’s accession is threatened – the Kremlin’s grip tightens in Kherson
The Moscow-based administration wants a Russian base in Kherson and threatens to join Russia. French television visited Kherson under the supervision of the occupiers. In the southern Ukrainian city of…
Russian Ruble at 7-year high against Euro! How did it gain value despite the war? Here is the answer
At 15.38 hours Turkish time, the Russian ruble appreciated by 6.3 percent, reaching its highest level against the Euro since the beginning of June 2015. HOW DID IT RISE DESPITE…
Gas, Eni opens accounts in ruble and euro at Gazprom Bank
(Finance) – Eniin view of the imminent payment deadlines scheduled for the next few days, has initiated “as a precaution“related procedurestoopening of two current accounts called K at Gazprom Bank,…
This is how Putin benefits when Europe pays for Russian gas in rubles – we gather answers to key questions about ruble trade
The European Commission has condemned the ruble trade of gas companies. Finland’s Gasum will soon have to decide how it will respond to Russia’s demand for ruble payments. Elli-Alina Hiilamo,…