Tag Archives: ruble

“It should be a real, full-fledged ruble – no discount or anything else,” the central bank’s governor Elvira Nabiullina told the State Duma committee this week, adding that the regulator expects to test the digital ruble for at least a year before an actual rollout. The task for the CBDC …

Unlike conventional digital currencies, the digital ruble will be used as legal tender, according to Alexey Minaev, the deputy director of the Department for Digital Economy Development in the Ministry of Economic Development, as quoted by Izvestia. Minaev said that this form of money has little to do with cryptocurrencies. …

The Russian currency was trading at around 72 rubles against the greenback on Wednesday as oil prices hit a 26-month high, and the country’s monetary regulator hiked key rates to rein in inflation. Meanwhile, Russian bond yields rose last week even as US yields retreated. “There’s likely to be more …

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 …

(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 …

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 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 …

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 …

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 …

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 …