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Latest Economic history of Russia Stories

2014-04-07 23:27:04

GOptions introduces Ruble trading in light of the incredible tumult in the Ukraine. What does this mean for traders and how are they turning profits on it? London, UK (PRWEB) April 07, 2014 Previously classed as an "emerging market currency", the Russian Ruble this year has been growing from strength to strength, sitting just behind the Mexican Peso in daily market trading volume. More flexible and less predictable would be two very strong reasons for the recent emergence into...

2009-04-03 09:26:56

The Central Bank of Russia said inflation in the first quarter of 2009 hit 5.3 percent and predicted an annual drop to less than the 2008 rate of 13.3 percent. Bank Chairman Sergei Ignatyev said a weaker ruble had pushed inflation higher, but the ruble's fall ended in January, RIA Novosti reported Friday. Further, an absolute break in the ruble supply in the past few months and the consistently low level of global food, energy and commodity prices, would continue to slow inflation, he said....

2008-12-26 16:45:01

The Russian ruble fell to a new low against the euro Friday with former Soviet leader Mikhail Gorbachev warning Russia faces a dangerous time. The ruble slid fell to 40.81 against the euro and 29 against the dollar after the fourth currency devaluation by Moscow in a week, The Financial Times reported Friday. The devaluation was designed to offset the impact of the world economic crisis and plunging oil prices, the Times reported, noting Russian oil exports are at their lowest level in four...

2006-03-14 09:20:00

By Andrea Hopkins WASHINGTON -- U.S. retail sales fell a larger-than-expected 1.3 percent in February as auto sales plunged and consumers took a breather after spending big in January, a government report showed on Tuesday. It was the first decline in sales since August and larger than the 0.8 percent drop forecast by Wall Street. But the Commerce Department revised up January sales to a whopping 2.9 percent rise from the originally reported 2.3 percent gain. Analysts shrugged off February's...


Word of the Day
abrosia
  • Wasting away as a result of abstinence from food.
The word 'abrosia' comes from a Greek roots meaning 'not' and 'eating'.