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Articles with tag "Currency"
stabilizing efforts
Russian Central Bank To Resume Currency Trades in 2024
The Bank had suspended those transactions in August as the ruble slid below 100 against the U.S. dollar.
hefty fee
Raiffeisen’s Russian Division Imposes 50% Commission on Incoming Dollar Transfers
The minimum commission charged will be $1,000, up to a maximum of $10,000.
2 Min read
Feature
Russia’s Digital Ruble Won’t Help It Evade Sanctions Anytime Soon
Russian lawmakers, think tanks and state media outlets have touted the Digital Ruble as a game-changer in helping Russia skirt Western restrictions.
5 Min read
sensitive currency
Russian Ruble Briefly Hits 15-Month Low After Prigozhin Rebellion
Analysts said the fact the Kremlin and Prigozhin appear to have struck some kind of deal to quash the mutiny helped avoid a deep market crisis.
3 Min read
Currency Crunch
Ruble Tumbles to 12-Month Low as Kremlin Greenlights Shell Sale
After months of relative stability, the Russian ruble continued to weaken rapidly against major currencies on Friday.
3 Min read
FIXED PRICES
Russia’s Central Bank Offers Liquidity Lifeline to Banks as Markets Crash
The country’s financial markets have plunged over the past two days because of the crisis in Ukraine.
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