Today the Russian ruble continued to show a downward trend as crude oil continued to decline, dropping below $81 per barrel on the speculation demand for fuel will wane as the global growth is stalling. Currently the Russian currency erased its losses, but it’s unclear how long could it maintain gains.
Cheaper Oil Means Weaker Ruble
August 18th, 2011 at 13:58
Russian Ruble
Russia’s ruble weakened today after crude oil declined, reacting to the negative data about the US unemployment claims that reduced hopes for improvement of the economy in the US.
Ruble Goes Down with Oil Prices
July 11th, 2011 at 15:06
Russian Ruble
The Russian ruble fell today as crude oil, the main source of Russia’s export revenue, declined for the second day on concerns for the recovery of the world economy.
Ruble Falls with Crude Oil
July 06th, 2011 at 13:03
Russian Ruble
The Russian ruble fell today, after five sessions of gains against the US dollar, as crude oil, the main source of the nation’s export revenue, trimmed gains in New York.
Russian Ruble Appreciates Despite Central Bank Intervention
April 28th, 2011 at 16:23
Russian Ruble
The Russian continued to rise against the US dollar and stabilized against the euro today, following the exceptional intervention measures conducted by the central bank.
Ruble Gains as Russia Loosening Control, Combats Inflation
March 02nd, 2011 at 17:22
Russian Ruble
The Russian ruble advanced today, rising to the highest level in more than a year against the US dollar, as the government loosened control of the currency and the central bank attempts to deal with the inflation.
Rally of Oil Bolsters Russian Ruble
February 24th, 2011 at 12:22
Russian Ruble
The Russian ruble advanced today as oil rallied to the highest level in 30 months on the concerns about supplies from Africa and Middle East.
Ruble Gains as Brent Oil Trades Above $100
February 03rd, 2011 at 6:39
Russian Ruble
The Russian ruble strengthened after Brent crude oil rallied above $100, attracting investors to the assets of the biggest world energy exporter.
Ruble Climbs on Record Oil Prices & Higher Interest Rates
December 28th, 2010 at 13:17
Russian Ruble
The Russian ruble jumped today to the highest price in two months, heading to the best monthly performance this year, after the crude oil prices touched the highest level in two years and as Russia’s central bank increased the interest rates.
Fed’s Easing Spurred Commodities and Bolstered Ruble
November 11th, 2010 at 0:04
Russian Ruble
The Russian ruble posted gains today as the prices for crude oil rallied and the quantitative easing in the US spurred the demand for the riskier assets.
