Yuan Hits 12.5 Rubles on Moscow Exchange in Third Straight Weekly Gain
Markets

Yuan Hits 12.5 Rubles on Moscow Exchange in Third Straight Weekly Gain

The Chinese yuan ended the week at 12.54 rubles, a high since March, as CBR data showed a sharp drop in exporter FX sale...

Yael Ben-David 👁 60 💬 0
MOEX Index Rises on Geopolitical Hopes While Oil Slide Pressures Ruble
Markets

MOEX Index Rises on Geopolitical Hopes While Oil Slide Pressures Ruble

Russia's MOEX index rose 0.29% to 2,269 as geopolitical hopes and dividend flows offset a 4.1% Brent slump that dragged ...

Yael Ben-David 👁 37 💬 0
Alfa-Forex Forecasts Ruble at 80–82 vs Dollar Through August as Oil Drag Persists
Markets

Alfa-Forex Forecasts Ruble at 80–82 vs Dollar Through August as Oil Drag Persists

The Russian ruble is set to extend July’s slide toward 80–82 per US dollar in August, pressured by lower oil revenues, r...

Yael Ben-David 👁 48 💬 0