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May 02, 2024 اردو ► PRINT EDITION ► BR MARKETS ► Dollar to PKR ►

Russian rouble vs dollar

Biden's comments on Putin dent Russian rouble, bonds and stocks

Biden's comments on Putin dent Russian rouble, bonds and stocks

  • The Russian market has been haunted by risk of new sanctions against Moscow for months and the recent comments cemented concerns of new penalties.
  • The rouble fell 1.4% to 73.90 against the dollar after touching the 74 mark as it headed away from the 72.53 reached on Tuesday, its strongest in more than seven months.
Published 17 Mar, 2021 08:38pm
Rouble weakens after Biden comments on Putin
Markets

Rouble weakens after Biden comments on Putin

  • Russia's Eurobonds fell after Biden's comments and the rouble extended losses that it posted after new US allegations that Putin was likely to have directed efforts to try to influence the 2020 US election.
  • Against the euro the rouble weakened 1.4% to 87.89 , heading away from the 86.5150 hit in the previous session, its strongest since mid-August.
Published 17 Mar, 2021 05:22pm
Rouble firms vs dollar to strongest since July
Markets

Rouble firms vs dollar to strongest since July

  • The rouble is seen moving towards the 72.00-72.50 target against the dollar in coming weeks as concerns over Western sanctions recede into the background, said Dmitry Polevoy, head of investment at Locko Invest.
  • The Russian currency received some support this week from reports that the central bank may start increasing rates sooner rather than later.
Published 16 Mar, 2021 08:23pm
Russian rouble steadies near 74 vs dollar, Norilsk shares rally
Markets

Russian rouble steadies near 74 vs dollar, Norilsk shares rally

  • The rouble was 0.1% weaker against the dollar at 73.99 and eased 0.3% versus the euro to trade at 89.67.
  • Volatility on the oil market and in risky assets may keep the sideways trend in the rouble in place. But we still think that chances for its renewed firming are slightly higher.
Published 19 Feb, 2021 08:40pm