Currencies

Ruble’s Prospects and Destiny: No Apparent Solver for Difficult Exchange Rate Formula

 Currencies

Restrictive measures for the purchase of foreign currency for individuals and legal entities

March 14, 2022

views 2900
Ruble Obtained Some Ground After CBR Hiked Key Rate to 20 Percent

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

views 2273
Russian Ruble Keeps Pushing Higher, and High Energy Prices Support that Move

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

views 3114

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