Sun, December 04, 2022

RUB trading

The Russian Rouble Is Strengthening Against The Dollar

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 level since February 21, anticipating that the central bank would slash interest rates again shortly. The ruble was 0.6 percent firmer against the dollar at 79.30 GMT and 0.2 percent weaker …

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

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, Russian equities rose as investors focused on developments in Ukraine and the ongoing gas payments problem. The ruble was 0.2 percent lower than the dollar at 83.37 (RUBUTSTN=MCX) at 1319 GMT; …

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US Lawmakers Demand to Cut Attach with Russian Wallets

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 committee on Thursday at a hybrid labeling meeting; Sherman said he would submit a bill to Senator Elizabeth Warren; that would give the Biden administration explicit authority to require cryptocurrency exchanges …

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Currencies Severely Impacted By The Russia-Ukraine Conflict

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 light of Russia’s invasion of Ukraine. In the early phases of the Covid-19 epidemic, the Deutsche Bank Currency Volatility Index soared to near 10% in Europe on Tuesday morning, its highest …

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Market Charts and Analysis

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 outperform the US dollar in the short term. The catalyst was the huge deficit in America’s oil stockpile last week. According to the American Petroleum Institute published on September …

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Russia opens lawsuits against Google and other tech giants

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 a law requiring foreign companies to keep all data of Russian users in Russia. If the regulator finds that Google has violated the rules, Google will face a fine of up …

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Shell Dutch ruling is beneficial for OPEC and Russia, oil

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 courtroom and boardroom mean Royal Dutch Shell, Chevron and ExxonMobil are all under pressure to cut carbon emissions faster. This is good news for Saudi Arabia’s national oil firm Saudi …

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Russian law enforcement and fake russian rubles

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 Putin helped to address fears of imminent new sanctions. At 09:03 GMT the Russian currency gained 0.4% to 75.63 against the dollar after reaching 75.4525, its best result since March 31. …

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Russian law enforcement and fake russian rubles

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 levitated near a one-year low as the market prepared for the imminent U.S. sanctions against Russia. As a reminder, Russian assets have under pressure since last week. People should keep in …

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Russian lawmakers and crypto

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 new legislation for taxing cryptocurrencies like Bitcoin. Based on the information provided by the Russian State Duma, the Duma’s Committee on State Building and Legislation approved a bill on cryptocurrency taxation …

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wheat

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 news for the grains market. Russia is one of the leading suppliers of wheat, and US production is projected to tighten in the following months. Can wheat quickly test the …

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