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Russian rouble

Russian rouble regains ground with an eye on geopolitical risks

Russian rouble regains ground with an eye on geopolitical risks

  • The rouble tumbled this week after Russian President Vladimir Putin said the Kremlin had set up a "reserve police force" to support Belarusian leader Alexander Lukashenko.
  • The rouble had gained 0.7% to 74.48 against the dollar as of 1257 GMT and was 0.1% stronger at 88.51 versus the euro.
Published 28 Aug, 2020 07:41pm
Rouble slips despite positive trend in emerging markets
Markets

Rouble slips despite positive trend in emerging markets

  • Markets were optimistic after Moderna Inc said on Tuesday that its experimental vaccine for COVID-19 was safe and provoked immune responses.
  • Oil prices rose on Wednesday after EIA data showed a bigger-than-expected draw in US crude inventories.
Published 15 Jul, 2020 08:59pm
Russian rouble pares losses, firming on oil price recovery
Markets

Russian rouble pares losses, firming on oil price recovery

  • Brent crude oil, a global benchmark for Russia's main export, was up 1.1% at $42.82 a barrel.
  • It's all about COVID-19 - both fears and hopes," said BCS Global Markets, noting that Brent was susceptible to the mix of positive and negative headlines.
Published 10 Jul, 2020 08:54pm
Rouble hits lowest level against dollar since late May
Markets

Rouble hits lowest level against dollar since late May

  • Oil prices reversed earlier gains as a resurgence of cases of the novel coronavirus sparked concerns that fuel demand growth could stall.
  • Brent crude oil, a global benchmark for Russia's main export, was down 1.2% at $42.62 a barrel by 1300 GMT.
Published 03 Jul, 2020 06:54pm