The Central Bank of Russia lifted the key rate by a whopping 200 b.p. to an eye-popping 15%.
October 27, 2023
1479
On MoEx, the U.S. dollar, euro and Chinese yuan gained momentum in losing their strongholds after Russian authorities forced exporters to sell foreign currency proceeds and then released the parameters of relevant regulation.
October 23, 2023
1473
By the end of last week, the ruble began showing instability having apparently lost the opportunity of regaining some strength
October 2, 2023
1541
The euro (EURUSD) reached a 6-month low as investors bet on the end of the rate hike cycle amid gloomy economic prospects.
September 22, 2023
1499
Today the Bank of Russia raised its key rate by 1 percentage point to 13% per annum, along with its inflation forecast for the end of 2023 to 6-7% against the previous estimate of 5-6.5%.
September 15, 2023
1453
Not only Russian ruble and Argentine’s peso showed multiyear lows this months, but a plethora of other world currencies.
August 18, 2023
1506
Russia's ruble fell below 100 per dollar on Monday, near 17-month lows, after Russian President Putin's economic adviser Oreshkin blamed loose monetary policy for the ruble's rapid decline.
August 14, 2023
1536
On an annual basis, the ruble has lost 57% against the dollar and 73% against the euro, and its precipitous decline continues.
August 9, 2023
1565
The Mexican peso tumbled last week amid a clear trend for global risk aversion, supporting calls on many Fx analysts that the Latam currency was set to reverse after a spectacular 7-month rally.
August 7, 2023
1559
The dollar struggled to recover on Wednesday after Fitch's downgrade of the U.S. government's top credit rating raised questions about the country's financial outlook, although it received some support from relatively solid economic data.
August 2, 2023
1516
August 4, 2021
4282
August 6, 2021
2964
July 2, 2021
2916
