Etiket: ruble
Economist Paul De Grauwe on the fall of the ruble: “Russian economy is too weak to support the war in Ukraine”
The Russian central bank raises interest rates from 8.5 to 12 percent. An emergency measure that should prop up the free fall of the ruble. And according to economics professor…
Ruble loses about 10 percent against dollar and euro | Economy
After months of appreciation, the Russian ruble has plunged on the Moscow stock exchange. Against the US dollar and the euro, the Russian currency lost about 10 percent on Tuesday.…
Ruble climbs to seven-year high despite Russian default
“The dollar is below 52 for the first time since May 28, 2015 . Of the Euro /a> costs less than 55 rubles for the first time since May 26,…
Russia cuts interest rates during emergency meeting to halt ruble rally
The Russian central bank has cut its key interest rate for the third time in a row. The interest rate hike followed an emergency meeting of the central bank aimed…
GAZPROM share gains: Russia stops supplying gas to Finland – dispute over ruble payments
shares in this article The Russian state-owned company GAZPROM stated that the Finnish utility Gasum did not settle its payments in rubles – as requested by President Vladimir Putin. According…
ROUNDUP: Russia stops gas supply to Finland – dispute over ruble payments
shares in this article MOSCOW / ESPOO (dpa-AFX) – Russia stopped its gas deliveries to Finland on Saturday as announced. The Russian state-owned company GAZPROM stated that the Finnish utility…
Why Putin’s ruble is suddenly rolling again
BZ April 8, 2022 9:58 am Updated 10:01 AM Despite sanctions and partial Swift exclusion: the Russian ruble is recovering noticeably! In fact, it is even rising back to pre-war…
Lightning-fast ruble rebound doesn’t mean Russian troubles are over
The exchange rate of the Russian currency, the ruble, is almost back to pre-war levels, despite the sanctions. Shortly after the invasion of Ukraine, the value of the currency almost…
In Berlin, they announced the study of Putin’s decree on paying for gas in rubles
Berlin exchanges information with partners in the EU, but adheres to the position of paying for gas in euros and dollars, as specified in the contracts. The German Chancellor has…
Glazyev announced the dominant share of the ruble in the trade of the EAEU countries
According to Glazyev, the EAEU countries will be able to take a course towards “de-dollarization” if they reduce the level of external risks and integrate national payment systems, hedging currency…