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Russia to Devalue Ruble

Russia is currently facing its worst currency crisis since 1998, when it defaulted on its debt and the Ruble plunged 71% against the Dollar. read more »
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Prices for Crude Oil Drag Ruble Down

The Russian ruble was down today, falling for the third day, as prices for crude oil, the main nation’s export, declined amid concerns about the glob[...] read more »
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Ruble Weakens After Japan’ Intervention, May Appreciate Later

The Russian ruble weakened today against the dollar-euro basket on the speculation that the appreciation of the currency would be curbed after Japan [...] read more »
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Ruble Drops with Crude Oil Prices

The Russian ruble slid today after the prices for crude oil went down on outlook for slower global economic growth. The decline will test the commitm[...] read more »
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Oil Doesn’t Stop Falling, Drags Ruble Along

Today the Russian ruble continued to show a downward trend as crude oil continued to decline, dropping below $81 per barrel on the speculation demand[...] read more »
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Fed’s Easing Spurred Commodities and Bolstered Ruble

The Russian ruble posted gains today as the prices for crude oil rallied and the quantitative easing in the US spurred the demand for the riskier ass[...] read more »
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Russian Ruble Appreciates Despite Central Bank Intervention

The Russian continued to rise against the US dollar and stabilized against the euro today, following the exceptional intervention measures conducted [...] read more »
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Ruble Goes Down with Oil Prices

The Russian ruble fell today as crude oil, the main source of Russia’s export revenue, declined for the second day on concerns for the recovery of th[...] read more »
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Russian Ruble Falls as Eurozone GDP Spurs Risk Aversion

The Russian ruble weakened today on risk aversion caused by the report that showed a decline of the eurozone economy, turning investors away from cur[...] read more »
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Cheaper Oil Means Weaker Ruble

Russia’s ruble weakened today after crude oil declined, reacting to the negative data about the US unemployment claims that reduced hopes for improve[...] read more »
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Ruble Slides Before EU Summit

The Russian ruble dropped today as the nation’s main oil export blend retreated ahead of the European Union leaders meeting, reducing attractiveness [...] read more »
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Russia Ruble Falls Ahead of Greek Referendum

The Russian ruble fell today as the concerns about the global economic slowdown weakened crude oil — the main nation’s source of export revenue. read more »
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Rising Oil Prices Pushed Russian Ruble Higher

The Russian ruble gained today, reaching the highest level in more than a week against the U.S. dollar, after the prices for crude oil, the main sour[...] read more »
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Ruble Falls with Crude Oil

The Russian ruble fell today, after five sessions of gains against the US dollar, as crude oil, the main source of the nation’s export revenue, trimm[...] read more »
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Ruble Decline After Bank Rossii Keeps Rates Unchanged

The Russian slid today as Russia’s central bank kept its main interest rates unchanged and crude oil, the main nation’s export, traded near the lowes[...] read more »
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