Tag Archives: Russian Ruble

Russian President Vladimir Putin said on Monday that “we” must switch to trading in national currencies in new conditions. Western sanctions have led to a deterioration in the economy in the West, he continued. On the Russian economy, Putin said that retail demand has normalized, inflation is stabilizing and unemployment …

Russian President Vladimir Putin and German Chancellor Olaf Scholz held talks on Wednesday, reported Russian state media, and agreed to hold talks between experts on the potential for ruble payments for Russian gas payments.The call comes ahead of a 31 March deadline set by Putin for Gazprom and the Russian …

Wally Adeyemo, the US Deputy Treasury Secretary, said firms could “choose to help Russia” in its invasion of Ukraine or “continue to do business with the 30 countries” that have imposed sanctions.He said Ukraine’s allies were committed to issuing more sanctions. He also warned Russian oligarchs “we’re going to come …

In an interview on Dubai TV, Mohammed Hashad, Director of Research and Development Department at Noor Capital and member of the US Association of Technical Analysts, tackled the latest developments in financial markets. Oil US crude oil started trading this week with a decline of about 5 dollars, to see …

In an interview on Dubai TV, Mohammed Hashad, Director of Research and Development Department at Noor Capital and member of the US Association of Technical Analysts, tackled the latest developments in financial markets, particularly the most prominent one; namely, the surging oil prices that touched record levels, he also commented …

Russia is spiraling closer to a historic debt default that could ripple throughout the global economy after the U.S. and its European allies hit the Kremlin with a slew of crippling financial sanctions. Moscow’s invasion of Ukraine nearly one month ago, the biggest attack on a European state in decades, …

The ruble rebounded in Moscow and foreign exchange markets on Thursday after the first official talks between the foreign ministers of Russia and Ukraine, although the meeting made no progress towards a ceasefire. The currency has lost up to 50 percent of its value against the dollar this year in …

In an interview on Dubai TV, Mohammed Hashad, Director of Research and Development Department at Noor Capital and member of the US Association of Technical Analysts, tackled the latest developments in financial markets, particularly the most prominent one; namely the surging oil prices that touched record levels, he also commented …

Small positive developments were made between the Ukrainian and Russian delegations on the issue of humanitarian corridors, a Ukrainian negotiator was reported to have said on Monday following the conclusion of the third round of talks between the sides. That is about as much as anyone had hoped for, and …

Economies of the the United States and other Western nations have deployed a set of potent financial weapons against Russia with remarkable speed aiming at crippling the Russian economy. Cutting off access to global financial markets and to Russia’s war chest of foreign-exchange reserves has dealt Russia’s economy a crippling …