Posts Tagged ‘ruble’
Russia Proposes Currency Devaluation
Russia Proposes Currency DevaluationFebruary 05, 2017
The Russian Finance Ministry has reportedly proposed devaluing the ruble by as much as 10% in ...
Russian Central Bank Says No Growth Until 2018
Russian Central Bank Says No Growth Until 2018March 29, 2016
The head of the Russian central bank Elvira Nabiullina, has said that the economy will contract ...
Russian Mortgage Holders Wont be Helped, Says Bank
Russian Mortgage Holders Wont be Helped, Says BankJanuary 29, 2016
Denis Kovalex, the deputy board chairman at DeltaCredit bank, has said that demands for a ...
Car Sales in Russia Collapse in 2015
Car Sales in Russia Collapse in 2015January 15, 2016
Sales of new cars in Russia fell by 35.7% in 2015, according to the Automobile Manufacturers ...
Falling Oil Prices Drag Ruble Down
Falling Oil Prices Drag Ruble DownJanuary 06, 2016
With global oil prices dropping further, Russia’s currency has begun to fall in value ...
Foreign Clothing Stores Closing Down in Russia
Foreign Clothing Stores Closing Down in RussiaNovember 15, 2015
For the first time in five years, more foreign retailers are closing theirs shops than opening ...
Belarus to Redenominate Currency
Belarus to Redenominate CurrencyNovember 06, 2015
Belarus is set to redenominate its bloated rubble by removing four zeros off every bank note. ...
Number of Russians Holidaying Abroad for New Year Plummets
Number of Russians Holidaying Abroad for New Year PlummetsOctober 21, 2015
According to Russia’s Tour Operators Association (ATOR), only 30,000 Russians intend to ...
Slump in Electronic Sales in Russia
Slump in Electronic Sales in RussiaSeptember 14, 2015
Russia has seen a massive 26% drop in the sale of electronic goods in the first six months of ...
Further Russian Rate Cuts Ahead
Further Russian Rate Cuts AheadMay 05, 2015
The Russian central bank cut interest rates to 12.5% last Thursday. Governor, Elvira Nabiullina ...
Quarter of Russian Savings Moved Abroad in 2014
Quarter of Russian Savings Moved Abroad in 2014April 28, 2015
According to media reports, a quarter of savings held in Russian bank accounts were moved ...
Ruble Close to Breaking 50 to the Dollar
Ruble Close to Breaking 50 to the DollarApril 15, 2015
With Oil prices rising slightly again, the Russian ruble looks set to break the psychological ...
Russian Ruble Surging to 2015 Highs
Russian Ruble Surging to 2015 HighsMarch 25, 2015
The Russian ruble is heading towards a year high, currently standing at 56 to the dollar. It ...
Putin Proposes EEU Currency Union to Take on Euro
Putin Proposes EEU Currency Union to Take on EuroMarch 22, 2015
Vladimir Putin stated on Friday that he wishes to form an EEU currency union, between Russia ...
Russian Rates Cut Bring Currency to Levels not seen since December
Russian Rates Cut Bring Currency to Levels not seen since DecemberJanuary 30, 2015
Following a surprise interest rate cut today by the Russian central bank, the currency at one ...
2015 Russian Car Sales Set to Collapse
2015 Russian Car Sales Set to CollapseJanuary 23, 2015
Last year, Russian car sales saw a 10% percent decline from 2013 sales. The statistic appears ...
No New Year Bounce for Oil or Ruble
No New Year Bounce for Oil or RubleJanuary 05, 2015
Today marked the first trading day for the Russian ruble, and there appears to be nothing ...
BMW Q4 Russian Losses to Top €150 Million Euro
BMW Q4 Russian Losses to Top €150 Million EuroDecember 24, 2014
The fall in the Russian currency is causing huge problems for foreign luxury car sellers. Over ...
Russian Rates hit 17%
Russian Rates hit 17%December 16, 2014
The Russian Central Bank hiked rates 6.5% to 17% last night in a surprise move. The ...
Ruble Continues to Slide, Despite Rate Increase
Ruble Continues to Slide, Despite Rate IncreaseDecember 12, 2014
Russian President, Vladimir Putin recently instructed the Russian Central Bank to take ‘harsh’ ...