Search Results for: Russia’s currency
Bank of Russia Halts Foreign-Currency Purchases, as Ruble Hits Five-Month Lows
July 30th, 2015
Central bank stops buying U.S. dollars for reserves in bid to balance inflation and growth measures Russia’s central bank, whose credibility has been tested over the past year by runaway inflation and a volatile currency, is coming sharply into ...
Russia’s central bank sent an order to MOEX to halt trading in certain instruments – Exchanges Snapshot
December 17th, 2014
International Securities Exchange halted trading on its ISE and ISE Gemini options exchanges due to connectivity issues, resulting in several U.S. options exchanges to declare “self-help” against them, Reuters reported. Intercontinental Exchange warned that EU lawmakers’ plans to open ...
Currency Carry Trades Rise in ECB’s Negative-Rate World
June 10th, 2014
Mario Draghi is becoming one of currency traders’ only friends. With the $5.3 trillion-a-day foreign-exchange market poised to deliver its worst first-half returns on record, the carry trade is about the only way traders are making money by exploiting ...
S&P Lowers Russia’s Currency Ratings
April 25th, 2014
Standard and Poor’s Financial Services, or S&P, on Friday lowered Russia’s currency ratings, and hinted at the possibility of a further sovereign rating downgrade if the country’s failing creditworthiness, hurt by slowing economic growth and sanctions from the Ukraine ...
Europe Stocks Rise as Crimea Vote Boosts Russia’s Micex
March 17th, 2014
European stocks rebounded from a five-week low while the yen and Swiss franc weakened and Treasuries declined after Crimea’s vote to leave Ukraine. Russian shares rallied after four days of declines while Ukraine’s hryvnia retreated. The Stoxx Europe 600 ...
Russian Oil: Output Grows as Prospects Shrink
January 25th, 2016
Plummeting prices and U.S.-led sanctions raise questions about Russian oil’s capacity to continue underwriting Putin’s global ambitions In the frosty swamplands of West Siberia, the drilling rigs of oil giant OAO Lukoil are helping raise Russia’s oil output to its highest ...
Ruble Drops to 2015 Low on Year-End Budget Flows as Oil Tumbles
December 29th, 2015
Russian currency slides past 72 per dollar as oil drops Finance Ministry seen boosting budget spending before new year The ruble fell to its weakest level this year as oil resumed declines and investors speculated a traditional pick up ...
Dollar Gauge 0.1% From Five-Year High After Fed as Won Slides
December 18th, 2014
A gauge of the dollar was 0.1 percent from a five-year high amid speculation the Federal Reserve will raise interest rates next year after removing a pledge to keep them low for a “considerable time.” The U.S. currency matched ...
Emerging Stocks Fall on China, Euro-Area Slowdown; Ruble Gains
November 20th, 2014
Emerging-market stocks fell as manufacturing gauges in China and Germany retreated, dimming the outlook for exporters. The ruble rose as Russian companies sought funds to meet their tax commitments. The MSCI Emerging Markets Index lost less than 0.1 percent ...
Emerging market currencies were set for their best month this year
July 31st, 2020
Emerging market currencies were set for their best month this year on Friday, as the dollar was on track to record its worst month in a decade on doubts about a U.S. economic recovery, while a pick-up in Chinese ...
