The Russian ruble sank today following Friday’s announcement from Moody’s about a downgrade of Russia’s credit rating due to the damage that sanctions from the United States and the European Union have done to the already fragile Russian economy.
Ruble — News Archive
September 23rd, 2014 at 12:56
The Russian ruble advanced today with the help of both the general risk-positive market sentiment and the cease-fire between Ukraine and pro-Russian separatists. The rally is not necessary positive for Russia’s economy that struggles to avoid recession.
September 16th, 2014 at 15:53
The Russian ruble dropped to all-time lows today due to concerns about potential impact of sanctions from the United States and the European Union on Russia’s economy.
September 01st, 2014 at 15:46
The Russian ruble fell to the all-time low against the US dollar today as concerns about sanctions from the United States and the European Union continue to erode the attractiveness of the currency to investors.
August 29th, 2014 at 14:20
The Russian ruble declined today as worsening relationships between Russia and Ukraine may lead to escalation of the conflict in Eastern regions of Ukraine, while the United States and the European Union threaten to implement additional sanctions against Russia.
July 17th, 2014 at 20:19
The Russian ruble dipped today as the United States and the European Union implemented sanctions against Russian companies that may lead to recession in the Eastern European nation.
July 01st, 2014 at 17:13
The Russian ruble fell today as a cease-fire agreement between the Ukrainian government and pro-Russian separatists ended, and this may lead to additional sanctions from the United States and the European Union against Russia.
June 24th, 2014 at 12:31
The Russian ruble advanced today as a cease-fire agreement between the government and separatists in Ukraine led to hopes that the geopolitical crisis in Eastern Europe will be resolved.
April 29th, 2014 at 12:30
The Russian ruble gained today on speculations that sanctions against the nation will not be too severe and the conflict with Ukraine will not result in a full-scale war. The ruble still remains among the worst-performing currencies.
March 19th, 2014 at 10:35
The Russian ruble rose today, gaining for the third session, on speculations that the impact of sanctions that the United States and the European Union are going to impose on Russia will be limited and they will not influence the Russian economy very strongly.