Trends - Rouble - Business Recorder

Markets

Rouble heads to 5-month low vs dollar as geopolitical fears linger

The rouble-based MOEX Russian index was 0.1% lower at 3,482.5 points.

Published 12 Apr, 2021 02:09pm

Markets

Russian central bank considers digital rouble in 2023

The central bank first floated the idea of the digital rouble in October, citing the need to make payments more convenient;

Updated 09 Apr, 2021 09:19am

Markets

Rouble hits 5-month low vs dollar as geopolitical fears bite

Brent crude oil, a global benchmark for Russia's main export, was steady at $62.75 a barrel, but that did not keep the Russian currency and stocks from falling in the past few days.

Published 07 Apr, 2021 02:01pm

Markets

Russia's rouble leads EMEA losses as political concerns weigh

Emerging market stocks retreated from a more than two-week high on Wednesday, with most Asian and EMEA bourses trading lower.

Updated 07 Apr, 2021 01:44pm

Markets

Rouble falls past 77 vs dollar as geopolitical concerns mount

Versus the euro, the rouble slid 1.1% to 91.29 , its weakest since early February.

Updated 06 Apr, 2021 08:01pm

Markets

Rouble hits over 1-week low vs dollar; state FX buying plan awaited

At 0741 GMT, the rouble was steady against the dollar at 76.57, earlier touching 76.74, its weakest since March 24.

Published 05 Apr, 2021 01:03pm

Markets

Rising US yields a villain in EM FX growth story, sell-off likely by end-June

BENGALURU/JOHANNESBURG: Battered emerging market currencies will only pare some of their recent steep losses over ...

Published 03 Apr, 2021 03:41am

Markets

U.S. sanction fears send Russian rouble to 2021 low, batter OFZ bonds

The rouble was little changed on the day at 76.36 against the dollar as of 1515 GMT after hitting 76.98, its weakest since mid-November.

Published 24 Mar, 2021 11:55pm

Markets

Rouble weakens past 90 vs euro as sanction threat dominates

As of 0947 GMT, the rouble was 1.5% weaker against the dollar at 76.06, a level last seen on Feb. 3.

Published 23 Mar, 2021 07:57pm

Markets

Turkish lira muted after historic slump, rouble slides as U.S. sanctions loom

Lira rises 1% after crashing to near record low.
Russian rouble leads declines as sanctions loom.

Published 23 Mar, 2021 07:54pm

Markets

Currencies firm against steady dollar; Brazil's real rebounds

Russia's rouble nears seven-month high against dollar.
Brazil's real up 0.9%, on track to offset Monday's losses.
BlackRock overweight on EM equities.
Argentine peso depreciation to slow in coming months –Guzman.

Updated 16 Mar, 2021 10:02pm

Business & Finance

Russia seen holding interest rates throughout 2021

The consensus forecast of 20 analysts and economists polled in late February suggested the central bank would hold its benchmark rate at 4.25% throughout 2021. Forecasts for the year-end ranged from 4.0% to 5.5%.
Analysts forecast inflation would rise to 5.3% in the first quarter of 2021 before gradually slowing below the 4% target to 3.8% by the end of the year.

Published 26 Feb, 2021 09:01pm

Business & Finance

Rouble firms in thin trade after Russia approves third COVID-19 vaccine

Russian stock indexes were falling, with the dollar-denominated RTS index down 0.3% to 1,472.3 points and the rouble-based MOEX Russian index 0.4% lower at 3,457.7 points.

Published 20 Feb, 2021 05:50pm

Markets

Russian rouble slips as external risks linger; stocks edges higher

Russian stock indexes edged up after a sharp drop in the previous session.

Published 18 Feb, 2021 01:07pm

Markets

Russian rouble and stocks fall, shrugging off higher oil prices

Rouble was 0.6% weaker against the dollar at 74.11, moving away from the 73.1250 level touched on Monday, its strongest since Jan. 14.
Locko Invest analysts expect the rouble to stay within a range of 73-74 against the greenback in the near term.

Published 17 Feb, 2021 07:43pm

Markets

Russian rouble and stocks fall, shrugging off higher oil prices

Rouble was 0.6% weaker against the dollar at 74.11, moving away from the 73.1250 level touched on Monday, its strongest since Jan. 14.
Locko Invest analysts expect the rouble to stay within a range of 73-74 against the greenback in the near term.

Published 17 Feb, 2021 07:43pm

Business & Finance

Sberbank sees no need for fresh provisions on past loans, bets on stronger 2021 results

Sberbank set aside 541 billion roubles ($7.4 billion) in provisions for non-performing loans last year when the COVID-19 pandemic hit the Russian economy and some of its clients.
He added that Sberbank, which made a net profit of 781.6 billion roubles in 2020 under Russian accounting standards, will stick to its plan to channel at least 50% of net profit to dividend payments.

Published 16 Feb, 2021 07:41pm

Business & Finance

Sanctions threat knocks Russian rouble as central bank keeps rates on hold

The rouble was 0.1% weaker against the euro at 89.44, having earlier eased past the 90 mark for the first time since Feb. 5.
The rouble did not react to the central bank holding its key rate at a record low of 4.25%.

Published 12 Feb, 2021 08:40pm

Markets

Russian rouble nears three-week high versus dollar

Brent crude oil, a global benchmark for Russia's main export, was down 0.6% at $61.10 a barrel after hitting $61.69 on Wednesday, its highest since late January 2020.

Published 11 Feb, 2021 01:46pm

Business & Finance

Russia central bank to keep rates on hold on Friday as inflation speeds up

Markets expect key interest rate to stay on hold at 4.25%.
Weaker rouble, higher inflation limit room for rate cuts.
Bank of Russia to deliver decision at 1030 GMT on Friday.

Published 08 Feb, 2021 08:27pm

Markets

Russian rouble steady as sanctions threat counters rising oil prices

"Still, the noise of sanctions out of the US continues, which dampens sentiment and is likely to temper the Russia risk trade," BCS added.

Published 04 Feb, 2021 01:35pm

Markets

Russian rouble rallies on rising oil price; eyes on Navalny's court hearing

The rouble was 0.7% stronger at 75.59 against the dollar as of 1440 GMT and up 0.9% to 90.93 versus the euro with the court hearing underway.

Published 02 Feb, 2021 08:58pm

Business & Finance

Russian central bank promises no funding difficulties with proposed digital rouble

The central bank said it would provide banks with the necessary refinancing at close to the market rate should any lenders face liquidity deficits.
The idea of the digital rouble was first floated in October last year.

Published 26 Jan, 2021 08:21pm

Business & Finance

Russian rouble tumbles

MOSCOW: The Russian rouble gave up early gains to hit more than a one-month low on Monday in volatile trade, ...

Published 26 Jan, 2021 05:05am

Markets

Russian rouble firms on US stimulus hopes

Russian stock indexes were up.

Published 21 Jan, 2021 01:57pm

Markets

Russian rouble recovers after sell-off led by sanction risk

Risk of sanctions linked to the arrest of Kremlin critic Alexei Navalny upon his return to Russia for the first time since being poisoned last summer hit the rouble on Monday.
Rouble was 0.3% stronger against the dollar at 73.75 and was flat against the euro, trading at 89.45.

Published 19 Jan, 2021 05:39pm

Business & Finance

Russian rouble slumps

MOSCOW: The rouble slumped on Monday, dragged down by weak oil prices and as investors weighed the risk of new...

Published 19 Jan, 2021 04:22am

Markets

Russian rouble slumps on renewed sanctions risk, weak oil prices

An additional negative for the rouble could be the authorities' decision to arrest Alexei Navalny.
The dollar-denominated RTS index was down 0.6% at 1,465.4 points. The rouble-based MOEX Russian index was up 0.1% at 3,455.7 points.

Published 18 Jan, 2021 06:24pm

Markets

Rouble retreats from near one-week high as oil prices slip

Brent crude oil, a global benchmark for Russia's main export, was down 1.3% at $55.68 a barrel, hampering Russian stock indexes.

Published 15 Jan, 2021 03:21pm

Markets

Rouble falters after finance ministry switches to FX purchases

The rouble, however, should benefit from the increase in global prices for oil, Russia's main export.
the rouble had pared losses sustained after the announcement and was 0.3% weaker against the dollar at 73.74

Published 13 Jan, 2021 08:27pm