Russian ruble hits 8-month low against dollar, as falling oil prices and sanctions bite ...Egypt

Russia’s currency hit an eight-month low Thursday, adding to sharp declines in December as global oil prices fell, and Western sanctions targeted Russia’s energy sector. The ruble hovered below 72 to the dollar, down 18% from the start of the month, and its weakest level since late April. After almost halving in value in the first weeks of the war, the ruble has held up remarkably well for most of the year, trading within a narrow range. The ruble has been helped by measures from Russia’s central bank, which more than doubled interest rates at the start of the war, introduced capital controls, and forced exporters to convert 80% of their earnings into rubles, artificially creating demand for

Read More Details
Finally We wish PressBee provided you with enough information of ( Russian ruble hits 8-month low against dollar, as falling oil prices and sanctions bite )

Also on site :

Legendary Hard Rock Band Racks Up the Heavy Metal as Iconic Album Hits Sales of 20 Million
Plush £150m superyacht laden with luxuries like jacuzzi & helipad owned by ex-Starbucks CEO squeezes through Dutch canal
Pope Leo appeals for Gaza ceasefire

Russian ruble hits 8-month low against dollar, as falling oil prices and sanctions bite ...Egypt

US judge says effort to deport Mahmoud Khalil likely unconstitutional

Court blocks Trump from imposing sweeping tariffs

Recap of ‘Diddy’ trial: Stylist says Combs threatened to release sex tapes of Ventura as investigators detail Kid Cudi’s burnt car

Stanley Cup Playoffs on Sportsnet: Panthers vs. Hurricanes, Game 5

Court Decision Strengthens Water Security Across the Inland Empire

Trump Jr. calls on University of Florida's board to reject new president

Harbaugh says cutting ties with Justin Tucker was a ‘complex’ decision for the Ravens

Uh-Oh: David Hogg Denies Misusing DNC Databases to Support His PAC

Trump used trade for India-Pakistan ceasefire; constraining him could restart conflict: US

Big Ten ADs react to SEC’s reported interest in ‘5-11’ format for College Football Playoff

Jose Azocar Elects Free Agency

Trump's tariffs blocked - what we know

Astros rally in 7th inning to defeat Athletics 5-3

How a Fresh Start Led Alejandro Sanz to a Stunning EP (and a Shakira Reunion)

Ed Gale Dies: ‘Child’s Play’ Stunt Performer Who Played Chucky Was 61