Skip to main content

Russian Ruble Hits A Seven Year High Against The Euro

Reuters: Rouble hits 2015 level against euro as EU prepares to pay for gas 

(Reuters) -The Russian rouble rallied to its strongest levels against the euro and dollar since June 2015 and March 2018 respectively on Friday, which analysts attributed to EU countries preparing to pay Russia for gas and to capital controls imposed by Moscow. 

Russia said on Thursday that half of gas giant Gazprom's 54 clients have opened accounts at Gazprombank, as European companies approach imminent deadlines to pay for their gas supplies. 

Opening such accounts became possible after EU executives allowed member states to keep buying Russian gas without breaching the slew of sanctions they have collectively imposed on Russia over what Moscow calls its "special military operation" in Ukraine that started on Feb. 24.  

Read more ....  

WNU Editor: So much for President Biden's "ruble to rubble" narrative just a few weeks ago...

Russian Ruble Hits A Seven Year High Against The Euro  

Ruble Hits 7-Year High As Gas Buyers Bow To Putin's Payment Mandate -- Zero Hedge  

Russia Ruble (RUB USD) Price Quote Surges to 7-Year High -- Bloomberg  

As inflation slows and the ruble rallies, Russia is hoping to avoid a financial crisis -- CNBC  

Ruble smashes four-year high against US dollar -- RT



from War News Updates https://ift.tt/SVeEFqz
via IFTTT
Labels:

Comments

Post a Comment

Popular posts from this blog

Is Putin's Inner Circle Already In Discussions On Who Is Going To Replace Him?

Russian President Vladimir Putin leads a meeting on economic issues in Moscow on Monday. (Alexei Nikolsky, Sputnik, Kremlin Pool Photo via AP)   Daily Beast: Putin’s Own Men Are Already Discussing Who Will Replace Him   Three months into Vladimir Putin’s bloody “special operation” in Ukraine, his own men in the Kremlin are reportedly discussing who will replace him.  That’s according to new reporting by the independent news outlet Meduza, which cited several sources close to the Russian presidential administration who said officials are increasingly fed up with Putin personally.  Some of Putin’s own allies within the Kremlin walls have reportedly floated the idea of Moscow Mayor Sergei Sobyanin becoming his successor, or former President Dmitry Medvedev, who is now the deputy chairman of the Security Council. Sergei Kirienko, the first deputy chief of staff of the presidential administration, was also said to have been discussed as a contender.   Read more ....   Update: Krem
Post a Comment
Read more

US And Russian Chiefs Of Staff Discuss Ukraine In Rare Phone Call

U.S. Chairman of the Joint Chiefs of Staff Gen. Mark Milley (left) and his Russian counterpart Valery Gerasimov (file photo)   The Hill: Milley speaks with Russian counterpart for first time since start of war   Chairman of the Joint Chiefs of Staff Gen. Mark Milley spoke with his Russian counterpart on Thursday, the first such conversation between the two since the Kremlin’s invasion of Ukraine began in late February, according to the Pentagon.  Milley spoke by phone with Valery Gerasimov, chief of the Russian general staff, and they “discussed several security-related issues of concern and agreed to keep the lines of communication open,” Joint Staff spokesperson Col. Dave Butler said in a readout of the conversation.  The Pentagon did not provide further information on the conversation.   Read more ....   WNU Editor: So much for the reports last week that Chief of the General Staff of the Armed Forces of Russia Valery Gerasimov was fired by Putin last week .... Putin rumor
Post a Comment
Read more

US Secretary Of State Blinken Says China Is A Greater Long Term Threat Than Russia

  Daily Mail : 'US does NOT support Taiwan independence': Blinken cleans up Biden's comments in speech saying America doesn't want 'another Cold War' with Beijing and slamming Xi Jinping for cooperating with Putin and being more 'aggressive' abroad  * Sec. of State Antony Blinken issued a stark warning Thursday about China's rise  * Said Beijing's cooperation with Putin 'raises alarm bells' after Ukraine invasion  * Claims Xi Jinping is now 'more repressive at home and more aggressive abroad'  * Cleaned up Biden's Taiwan comments by saying US doesn't back independence  * Insisted U.S. Taiwan policy has not changed in decades, but he did warn against China trying to undermine the status quo  Sec. of State Antony Blinken issued a stark warning Thursday morning that the threat of China will 'test U.S. diplomacy like nothing we've ever seen before' - but insisted America does not want another Cold War and do
Post a Comment
Read more