Search results
Results from the WOW.Com Content Network
The ruble that Elvira Nabiullina manages crashed through the psychological support of 100 to the U.S. dollar and on Monday is now worth less than a penny, the first time since March 23 of last year.
This could create a worry for Russia amid the plunging value of the ruble and a protracted war. Russia’s gas revenues from supply sent via Ukraine to Europe will be worth $5 billion this year ...
The first Russian ruble (RUR) introduced in January 1992 depreciated significantly versus the US dollar from US$1 = 125 RUR to around US$1 = 6,000 RUR (or 6 RUB) when it was redenominated in January 1998. The new ruble then depreciated rapidly in its first year to US$1 = 20 RUB before stabilizing at around US$1 = 30 RUB from 2001 to 2013.
Armenia: The depreciation of the Russian ruble and Russia's overall economic downturn drastically emphasized Armenia's considerable economic dependency on the Russian Federation. [106] The dram depreciated from being traded at around ֏ 410-֏ 415 against the dollar in late November to a record low of 575 to the dollar on 16 December 2014. [107]
It is the main trading venue for Russian stocks as well as government, municipal, and corporate bonds. In 2013–2014, 16 companies placed stock via Moscow Exchange, raising a total of approximately RUB 200 bln. On the fixed income side, more than 400 bond issues were placed, raising more than RUB 3.4 trillion for issuers.
Russia has fined Google an eye-popping 20 undecillion rubles ($2.5 decillion) for removing Russian state-run and government YouTube channels in the wake of the country’s invasion of Ukraine in 2022.
By 2013, the value of the ruble had dropped to 11.10 rubles per dollar. This was further changed to 11.30 per dollar on 16 March 2016. On 17 June 2017, the currency was devalued to 15 rubles per dollar. It was set to 16 per dollar on 12 January 2018. The most recent change was made on 5 April 2018, when it was set to 16.10 rubles per dollar.
The silver ruble was used until 1897 and the gold ruble was used until 1917. The Soviet ruble officially replaced the imperial ruble in 1922 and continued to be used until 1993, when it was formally replaced with the Russian ruble in the Russian Federation and by other currencies in other post-Soviet states.