Russian rouble gives up gains after soaring to 3-month high
MOSCOW (Reuters) – The Russian rouble weakened on Tuesday, pulling back after soaring to a three-month high past 92 to the dollar earlier in a volatile session, supported by high interest rates,…
Russian rouble eases towards 62 vs dollar, stocks extend fall
(Reuters) – The Russian rouble weakened towards 62 against the dollar on Monday, steered by internal market flows and capital controls, while stock indexes extended losses after the latest Western sanctions. At…
Russia will start a pilot project for ‘digital’ rouble from April – cbank
(Reuters) – Russia will start a pilot project using its “digital” rouble with real customers and real transactions from April 2023, its central bank said on Wednesday, adding that the project would…
Rouble firms to 4-yr high vs dollar as Russian debt payment licence expires
(Reuters) – The Russian rouble firmed past 56 against the dollar on Wednesday for the first time since 2018, and touched a seven-year high against the euro as export-focused companies sold foreign…
Rouble dips against dollar after Russia eases capital controls
(Reuters) – The Russian rouble weakened against the dollar on Wednesday but steadied not far from a five-year high against the euro, after losing the support of some capital controls and as…
Rouble reverses rally as Russia eases capital controls
(Reuters) – The Russian rouble weakened on Tuesday, stepping away from near five-year highs against the euro, after the central bank eased some capital controls that were the main driver of its…
Russia to slash rates by year-end as rouble recovers
(Reuters) – Russia’s inflation this year could be lower than previously expected thanks to a recovery in the rouble, which should give the central bank room to cut interest rates amid a…
Rouble climbs to March 2020 levels vs euro, stocks up
(Reuters) – The Russian rouble extended gains in early Moscow trade on Thursday, supported by month-end tax payments that led to increased conversion of foreign currency into roubles, while stock indexes posted…
Rosneft issues June ESPO crude tender, requests for rouble payment
SINGAPORE – Russia’s top producer Rosneft <ROSN.MM> has issued a tender to sell June-loading ESPO Blend crude, in another attempt to get buyers to pay for supplies in full upfront and in…
Russian rouble hits more than 2-year high vs euro before steadying near 77
(Reuters) – The Russian rouble clipped a more than two-year high against the euro in early trade on Tuesday before stabilising near Monday’s close, in a week where tax payments are supporting…
Russia makes ‘digital’ rouble, home-grown credit card push
(Reuters) – Russia said on Thursday it plans to have a “digital” rouble capable of making international payments ready by next year and also wants to expand the number of countries that…
Russian cenbank says wants rouble rate to be determined by market
(Reuters) – The Russian central bank has imposed foreign exchange controls to support liquidity but aims to preserve market pricing principles and a rouble exchange rated determined by the market, the bank’s…
Analysis-Russia’s rouble rebound not quite what it seems
(Reuters) – Six weeks after Russia sent troops into Ukraine, the rouble has staged an apparently extraordinary recovery, but all is not what it seems and the exchange rate used in everyday…
Russia says rouble appreciations poses no threat to fiscal policy
(Reuters) – The recent sharp strengthening of the rouble “does not pose a risk to Russia’s fiscal policy,” the finance ministry said on Thursday. The rouble firmed sharply in Moscow trade on…
Russian authorities aim at making rouble rate more predictable – Ifax
(Reuters) – The Russian finance ministry together with the central bank are working on measures to make the rouble exchange rate more predictable and less volatile, Finance Minister Anton Siluanov said on…
Ukraine asks EU, British, Japanese and U.S. central banks to ban rouble transactions
(Reuters) – The governor of Ukraine’s central bank urged the central banks of the European Union, the United States, Japan and Britain to ban transactions in the Russian or Belarusian rouble over…
Analysis-Russia’s rouble rebound is not as real as it seems
By Tommy Wilkes LONDON – The rouble has staged a lightening-fast recovery to levels last reached in the days before Russia invaded Ukraine, defying predictions that the war would launch it into…
White House says rouble is being artificially propped up by the Russian central bank
WASHINGTON – The White House is seeing an “artificial propping up of the rouble” by the Russian central bank and by the Russian government, communications director Kate Bedingfield said on Thursday. “They…
G7 rejects Putin’s demand for rouble payment for Russian gas – Germany
BERLIN – Energy ministers from the Group of Seven industrialized nations reject demands by President Vladimir Putin that “unfriendly” countries pay for Russian gas with roubles, Germany’s Robert Habeck said after talks…
German gas buyers raise the alarm over Russia’s rouble demand
By Vera Eckert, Christoph Steitz and Nina Chestney FRANKFURT/LONDON – German utilities on Thursday said their country needed an early warning system to tackle gas shortages, a day after Russia ordered the…
Russian demand for rouble gas payments would be breach of contract, EU leaders say
By Kate Abnett BRUSSELS – Leaders from some European Union member states said on Thursday Russia’s demand that “unfriendly” countries use roubles to buy for its oil and gas could breach supply…
Rouble steadies near 104 vs dollar, Russia pays Eurobond coupon
– The Russian rouble hovered around the 104 mark to the U.S. dollar most of the trading session in Moscow on Tuesday, lacking momentum for larger moves, while government OFZ bonds stabilised…
Russian rouble rises in low volumes, market eyes coupon payments
-The Russian rouble rose against the dollar in Moscow and offshore trading on Wednesday, although volumes remained thin and other Russian assets continued to be un-tradable. Bombs rained down on Ukrainian cities…
Russia rouble payment of USD coupons would be a sovereign default -Fitch
NEW YORK – Credit ratings agency Fitch said on Tuesday that if Russia were to make two U.S. dollar bond coupon payments due Wednesday in roubles, it would constitute a sovereign default…
Russian rouble drops a further 8% this week in Moscow
– The Russian rouble edged up against the dollar in thin on- and offshore trading on Friday, but ended a third week of hefty losses, with the central bank now further restricting…
Russian rouble ticks up in thin volumes, outlook bleak
– The rouble ticked up in both Moscow and international FX markets on Thursday after the first formal talks between Russia and Ukraine’s foreign ministers, even though the meeting made no progress…
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