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Here Is Why the Ruble Had Hit a Two-Year High Amid...

In early trade on Tuesday, the Russian ruble hit a more than two-year high versus the euro before stabilizing at Monday's close, in a...

The Russian Ruble Is Strengthening Against The Dollar

In early trade on Tuesday, the Russian ruble strengthened against the dollar. At the same time, OFZ government bond prices surged to their highest...

Russian Equities Rise, The Ruble Eases After Five-Week High

In early Moscow trade on Friday, the Russian ruble hit a five-week high against the dollar before settling in the 83-84 zone. In contrast,...

US Lawmakers Demand to Cut Attach with Russian Wallets

Brad Sherman will introduce a bill in parliament to stop U.S. businesses from conducting crypto transactions for Russian banks and individuals. Speaking to a congressional finance...

Currencies Severely Impacted By The Russia-Ukraine Conflict

Currency markets have not avoided the recent sharp losses and dramatic swings witnessed across other asset classes, and strategists are rethinking their strategies in...

The ruble falls to new lows as Russia attacks Ukraine

The Russian ruble plunged to a new low Thursday, after firing missiles at various Ukrainian cities, Russian forces dropped these bombs.   On Thursday, the Russian...

Daily Market Charts and Analysis September 16, 2021

Here are the latest market charts and analysis for today. Check them out and know what’s happening in the market today. USDRUB The Russian ruble will...

Russia opens lawsuits against Google and other tech giants

The Russian communications regulator Roskomnadzor has filed an administrative lawsuit against Google. The event happened after the U.S. technology giant failed to comply with...

Shell Dutch ruling is beneficial for OPEC and Russia

Climate activists who won against Western majors have some supporters in the oil capitals of Saudi Arabia, Abu Dhabi, and Russia. Notably, defeats in the...

Russian Rouble Benefited from a Biden-Putin Phone Call

The Russian rouble climbed to a two-week high on Wednesday after a phone call between U.S. President Joe Biden and his Russian counterpart Vladimir...

Russian Rouble Recovered from its Weakest Level in 2021

It is a good day for the Russian rouble, as it recovered from its lowest point so far this year. However, rouble-denominated treasury bonds...

Saudi And Russia Disagree Once Again On Oil Supply

OPEC and its non-OPEC allies, an energy group sometimes related to OPEC+, will meet via videoconference to strike a consensus over how to maintain...

U.S. Dollar Jumped Against the Commodity Currencies

The U.S. dollar is the world’s reserve currency. It makes sense as about 60% of foreign exchange reserves are held in U.S. dollars. Thus,...

Russian Lawmakers, Cryptocurrency, and Federal Tax Code

Russia has the potential to develop the cryptocurrency industry, but it won’t be easy to overcome all challenges. Interestingly, Russian lawmakers are actively preparing...

Wheat Drops Notwithstanding Russia Increasing Export Tax

The agricultural commodity fell, notwithstanding the Russian government announced its intention to increase its export tax on wheat for a second time. This is important...