The Russian ruble dropped today despite the surprise interest rate hike from Russia’s central bank as the country’s involvement in the conflict with Ukraine threatens to worse its international relations.
Ruble — News Archive
January 29th, 2014 at 10:34
The Russian ruble did not join other currencies of emerging markets in a rally, falling instead today. It looks like Forex market participants were to afraid to buy the currency ahead of today’s monetary policy decision of the US Federal Reserve.
January 16th, 2014 at 19:23
The Russian ruble dropped today on concerns about so-called stagflation that threatens the nation’s economy and makes it less attractive for overseas investors.
October 16th, 2013 at 12:19
The Russian ruble advanced today as traders returned to riskier assets, suggesting that they still hope for a positive outcome of the talks about raising the US debt ceiling.
August 21st, 2013 at 16:32
The Russian ruble was yet another looser today as traders are afraid that the US central bank will tamper its asset purchase program at its September meeting. Such fears made them unwilling to buy risky currencies.
July 25th, 2013 at 15:54
The Russian ruble slid today as the decline of crude oil reduced attractiveness of assets related to the major oil-exporting country.
June 28th, 2013 at 11:48
The ruble appreciated today as prices for Brent grade of crude oil rose and exporters were buying the currency to pay taxes.
April 03rd, 2013 at 14:42
The Russian ruble declined today as the problems in Europe made Forex traders less willing to risk and reduced their interest in assets of emerging economies, resulting in biggest outflow of capital from Russia in a year.
February 05th, 2013 at 11:05
The Russian ruble advanced today, erasing its previous losses. Earlier, the currency declined as the worsening market sentiment hurt prices for crude oil, Russia’s major source of export revenue.
December 19th, 2012 at 11:03
The Russian ruble advanced today, rising for the second day, as crude oil, the major Russia’s export, rose amid the positive market sentiment.