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

U.S. Army Conducts Gunnery Exercise With Latest Air Defense System Sgt Stout.

U.S. Army officials confirmed that a live gunnery exercise at Fort Hood, Texas, is underway, featuring the latest-generation Sgt Stout short-range air defense system. The drills mark a significant step toward full operational integration as units across the force adapt to evolving threats from drones, rotary-wing aircraft, and low-flying munitions. It matters because Sgt. Stout enhances the Army’s ability to defend forward-deployed troops and critical infrastructure from modern aerial threats. Read full Defense News at this link ... A U.S. Army SGT Stout SHORAD air defense vehicle maneuvers into firing position during live-fire training with the 6th Battalion, 56th Air Defense Artillery Regiment at Fort Hood, Texas, on October 3, 2025. (Picture source: U.S. Department of War) Read More from World Defence News https://ift.tt/NYmsS1n via IFTTT
Post a Comment
Read more

Tonight's Movie Is 'Decision Before Dawn' (1951)

  From Wikipedia: Decision Before Dawn is a 1951 American war film directed by Anatole Litvak, starring Richard Basehart, Oskar Werner, and Hans Christian Blech. It tells the story of the American Army's using potentially unreliable German prisoners of war to gather intelligence in the closing days of World War II. Read more .... from War News Updates https://ift.tt/2QzrYGK via IFTTT
Post a Comment
Read more

US Vice-President Kamala Harris Ends Her 5-Day Trip To France

  Daily Mail: Kamala Harris says she 'remains very concerned' about potential Russian invasion of Ukraine - and then shows reporters the pots and skillets she just bought in Paris   * While in Paris, Harris said she 'remains concerned' about Russia days after saying she's worried about their military amid tense immigrant crisis in Belarus  * She said on Saturday - her last day in Paris - that the five-day trip is about 'making clear the long-standing relationship' between the US and France  * Earlier this week, Harris was mocked for appearing to use a French accent while visiting the Institut Pasteur science lab  * Meanwhile, the entire Biden administration appears to have growing fears of an imminent conflict in Eastern Europe  * Harris said the 'eyes of the world' are on the Belarus border as Russia and Belarus carry out snap military drills where a migrant crisis is on Poland's border  * Belarus said the drill was in response to the ...
Post a Comment
Read more