The central bank has been pledging not to introduce any restrictions that would count as capital controls, any talk of possible restrictions causes a nervous response on the already sensitive ruble market.
Read moreThe Russian Ruble has impressed and puzzled the markets over the past couple of months with its rise against the US dollar and the Euro. Yesterday morning Russian economists and politicians praised the national currency for its continued appreciation against the USD and the EUR – it has been going up for 9 weeks in a…
Read moreThe ruble stands at its highest value against the dollar since the end of last year in a remarkable recovery from the lows of the winter, to becoming a favored currency
Read moreAccording to the results of the year 2014, inflation totaled 11.4% while core inflation was 11.2%. Meanwhile, in December 2014, monthly consumer price growth was 2.6% amid considerable ruble depreciation, which now stands the Russian currency at less than 70 rubles to the dollar
Read moreRussia foreign currency ratings lowered to 'BB+/B'; Outlook Negative while the EUR/USD takes a pause as it approaches key 1.10 psychological level
Read moreWith effect from 5.00pm EST on Monday January 26, minimum security deposits of between 3% and 20% will apply to 5 currencies, which in accordance with NFA ruling, should be collected and maintained by Forex Dealer Members
Read more“The drop of Brent Crude oil prices to 50 USD per barrel will likely lead to the dollar growing to 64 rubles in the short term. Moreover, S&P's lowering of its rating for the Russian Federation to below "BBB-" in January may provoke a massive sell-off of Russian assets" - Sergey Kochergin, Senior Analyst, EXNESS
Read moreAs the new year's trading commences, FxPro stands out as one of the first firms which suspended ruble trading at the end of last year to reinstate trading in EUR/RUB and USD/RUB pairs
Read moreLeapRate's Russian editor Maria Nikolova explains why high interest rates and rapid inflation benefit indebted commercial enterprises, and provides a profound economic lesson learned by purchasing a plastic cup for 3,000 rubles
Read moreA look back at the most intriguing and popular Forex Industry News stories from the past week at LeapRate. To make sure that you receive timely access to all LeapRate articles be sure to sign up to our daily Forex Industry News newsletter on the right. → → → Get easy access to our weekly look…
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