Add to favorite
Subscribe to our Newsletters Subscribe to our Newsletters Get Daily Updates RSS

Rouble Falling Again
27.06.2017 10:17
Rouble Falling Again

The Russian rouble, which has fallen against the dollar to a minimum value since February, has become the currency of developing countries that is growing cheaper in the fastest possible way against the backdrop of falling oil prices, as The Financial Times wrote on Thursday, June 22.

      In addition to the rouble, reducing oil quotations adversely affect the Iceland krona, the Colombian and Mexican pesos, as the Analyst of Societe Generale Bank Kit Juckes noted. “The Norwegian krona and the Canadian dollar were more resistant, but they also lost 0.8 percent each” - he explains. The impact of this negative trend may spread to other regional currencies, as Piotr Matys from Rabobank believes.

      “The greatest losses were incurred by the Russian rouble and the South African rend, which are more sensitive to commodity prices” - the expert noted.


Author: Anna Dorozhkina


Next Previous

You might also find interesting:

Sberbank Enters eHealth Market
Sberbank Has Opened a Blockchain Laboratory
Deficit Of Federal Budget Will Amount to 1.33 Trillion Roubles
The Creditor Banks Of Khotin's Companies Will Have to Create Additional Reserves
Illegal Production of Beer is Growing

Comment on our site

RSS   twitter   facebook   submit

Bookmark and Share

Flowers Delivery

search on the map
Olympic Games 2012  Richard Marx  Tsaritsyno  Star Light  Russian tourism  Sights of St. Petersburg  Russian Literature  Innovations  Russian business  Painting  Leo Tolstoy  Russian history  Russian artists  Moscow parks  Russian Winter  Unified State Exam  Zombie Parade  Moscow  Exhibitions in Moscow  Paleontology  Solovetsky Monastery  Travel  Hit of the Season  Chelyabinsk meteorite  Russian Cinema  Chudovo  guest author  Republic of North Ossetia  State Historical Museum  Alexey Navalny  Russian Film Directors  TNK-BP  Mercedes-Benz Fashion Week Russia  migration in Russia  Moscow events  White Crow Exhibition  Illusion Show  Russian Internet  Urals  cheese tour  Tyumen Oblast  Books  Robots  ecology  Olga Della-Vos-Kardovskaya  Romanovs' residence  Neftekamsk  Russian airports  Archeology  International space station 

Travel Blogs
Top Traveling Sites