Ruble’s Prospects and Destiny: No Apparent Solver for Difficult Exchange Rate Formula
Restrictive measures for the purchase of foreign currency for individuals and legal entities
March 14, 2022
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Currencies
Today, June 21, 2022, after the opening of the trading session on the MoEx, the U.S. dollar further fell by 1% to 54.83 rubles.
June 21, 2022
2445
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Ruble Obtained Some Ground After CBR Hiked Key Rate to 20 Percent
On February 28 the Central Bank of Russia suddenly hiked its key refinancing rate from 9.5% to 20% saying “external conditions for the Russian economy have changed dramatically.
February 28, 2022
2274
Russian Ruble Keeps Pushing Higher, and High Energy Prices Support that Move
The Russian ruble is trading near the 71.90 level against USD after reaching its 1 ½ years minimum on Monday, October 11, having strengthened against the dollar to 71.787, but intraday USDRUB dropped to 71.55 rubles, the 2021 minimum.
October 12, 2021
3114
Russian Ruble’s Unexpectedly Brightening Outlook Thanks to Sum of Factors
The ruble and Russian stocks welcome a price rally in the commodities sector. The spot gas price in Europe has come closer to the historic maximum ($ 1000 per thousand cubic meters).
September 15, 2021
3111
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