Russian Ruble (RUB)

Russia May Thwart Further Gains in Ruble, Morgan Stanley Says

Bloomberg Jul 3

The ruble may not appreciate further even as oil prices rise because the central bank will intervene to protect exporters, according to Morgan Stanley.

Ruble Bonds Beat Dollar Sales as Currency Stabilizes

Bloomberg Jul 2

(Update1) Russian companies shut out of the international debt markets are selling more ruble bonds than dollar notes for the first time since 2006 as the domestic currency recovers from its 35 percent devaluation.

[$] Putin Urges Banks to Lift Lending

Wall Street Journal Jun 29

Putin prodded state-run banks to increase lending by as much as $16 billion to help pull the economy out of a recession.

Berezovsky Sentenced to Russian Prison Term Again in Absentia

Bloomberg Jun 26

A Russian court sentenced Boris Berezovsky to prison for the second time since the billionaire fled the country in 2001 and won U.K. asylum two years later.

Wimm-Bill-Dann Foods says net income fell 70%

MarketWatch Jun 18

Wimm-Bill-Dann Foods OJSC , the Russian dairy and juice producer, reported on Thursday that its first-quarter net income tumbled 70% to $12.6 million from $41.9 million in the year-ago quarter. The ruble devalued almost 45% year-on-year against...

Russia, China to Promote Ruble, Yuan Use in Trade

Bloomberg Jun 17

(Update3) The leaders of Russia and China agreed to expand use of the ruble and yuan in bilateral trade to lessen dependence on the U.S. dollar a day after they took part in the first summit of the so-called BRIC countries.

Vimpel Posts Loss; Stock Jumps

TheStreet.com May 28

Vimpel posts a loss resulting from a big exchange rate charge.

VimpelCom swings to loss on 31% higher revenue

MarketWatch May 28

Vimpel Communications, the provider of telecom services to Russia and the Commonwealth of Independent States, swung to a first-quarter net loss from a year-earlier profit on 31% higher revenue. The loss was 8.51 billion rubles ($272 million), or...

Transneft to Sell 10-Year Domestic Bonds in Record Ruble Sale

Bloomberg May 19

OAO Transneft, operator of Russia’s network of oil pipelines, plans to start selling 35 billion rubles ($1.1 billion) of bonds to help fund a new link in the biggest offering of domestic bonds by a Russian company.

Russian Economy Shrank Annual 9.5% in First Quarter

Bloomberg May 15

(Update2) Russia’s economy shrank an annual 9.5 percent in the first quarter, the worst contraction in 15 years, as industrial production slumped and the government’s 3 trillion ruble ($93.5 billion) stimulus package failed to boost...

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Russian Ruble (RUB)

Related Articles

[edit] Russian Rubles per U.S. Dollar

[edit] U.S. Dollars per Russian Ruble