In a note released earlier this week and cited by CNBC, a team of Goldman strategists said that Russia’s national currency closely follows the South African rand and the Mexican peso in the list of most attractive among “high cyclical beta, high carry longs.” The former reflects a currency’s sensitivity …
Read More »“Above 100 to the dollar”: the Ruble has predicted a new crash
(Bloomberg) — the Ruble, which showed the worst dynamics among the currencies of developing countries last month, over the last 10 years only twice has appreciated against the dollar by the end of August. In addition to seasonal factors Mosoblgaz this year is losing appeal amid plans of the Ministry …
Read More »The economist explained why the government benefits from a weak ruble
The Russian government is interested in weak national currency. Such opinion to the correspondent of “Rosbalt” was expressed by the researcher, Center for modernization studies at the European University in St. Petersburg Andrei Zaostrovtsev. “As a result of all manipulations during a pandemic is a deficit budget. And the lower …
Read More »The papers for each ruble
Read the news that the Finance Ministry is preparing a law allowing confiscation of suspicious accumulation respected Russians. It turns out — that I have a Bank account, so no matter which Bank, in the Russian the main thing that, and are on that account God knows what money, but …
Read More »The ruble has fallen to a minimum for a week on the statements of the Federal reserve
Oil prices, stock indices in the US and the ruble on the Moscow stock exchange sank at the evening auction on Thursday. A statement by the head of the Federal reserve Bank of new York by John Williams, which excluded the transition of the fed to “control performance” of us …
Read More »In Russia suggested to hold the denomination of the ruble
MOSCOW, 10 Jul – RIA Novosti. Informationas the head of the analytical center “Alpari” Alexander Razuvaev came up with the idea of holding a denomination of the Russian currency in 100 times, according to “Vedomosti”. Earlier, the Central Bank said that the volume of cash in circulation reached a record …
Read More »The ruble broke the “bottom” for a month due to the sales of the public debt of Russia
The ruble resumed its decline on the Moscow stock exchange on Friday amid a sharp reduction of foreign currency supply and sales in the Russian market of public debt, for which the first week of July was the worst since March. At 15.22 GMT, the dollar rises in price by …
Read More »The ruble collapsed to a minimum
In the course of trading on the Moscow exchange, the ruble fell to the lowest level since may 25, fully recouping the growth the day before he provided the foreign exchange intervention of the Central Bank, according to the site. As of 14:25, the dollar was worth 71,39 of the …
Read More »The Bank of Russia a record spent on supporting the ruble
The Central Bank of Russia for Monday, April 20, sent to support the ruble exchange rate more than $222 million, which was the daily record since the beginning of the intervention in the spring of 2020. In terms of rubles, the regulator was thrown into the exchange 16.8 billion rubles, …
Read More »Oil war threatens to go into a real war and then it will be not until the collapse of the ruble
Economic week began for Russia with the tragic news. Amid the rapid spread of the coronavirus continues to fall, the demand for oil, and it continues to get cheaper. And with cheaper oil and the ruble. Traders are waiting for the end of the pandemic until autumn But the value …
Read More »