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Close Topic OptionsRussian Ruble vs. US Dollar
Russian Ruble Vs Dollar - Politics, Business, Civil, History - Posted: 16th Dec, 2014 - 3:13pm
Posts: 18 - Views: 1346
Business - European EconomyPost Date: 26th Dec, 2008 - 8:54pm / Post ID: #
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Russian Ruble vs. US Dollar
Russia's ruble drops to 3-year low against dollar
(AP)
European Business News
AP - Russia's ruble fell to a three-year low against the dollar Friday after the Central Bank allowed a third sharp drop in the currency in five days as the government continues to feel the heat of the global meltdown.
Source: Yahoo! News: Business - European Economy
Russian Ruble vs. US Dollar (Hover)
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Post Date: 21st Jun, 2010 - 3:04am / Post ID: #
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Dollar vs Ruble Russian
Medvedev Pushes Ruble Reserve Currency to Cut Dollar Dominance:
Russia wants the ruble to be one of the world's reserve currencies as President Dmitry Medvedev renews his push to reduce the dollar's dominance and make Moscow a global financial hub. Ref. Source 5
Post Date: 1st Oct, 2014 - 10:39am / Post ID: #
NOTE: News [?]
Dollar vs Ruble Russian
"Russia Could Ditch Dollar In 2-3 Years";
"Two to three years is enough, not only to launch [settlements in rubles], but also to complete these mechanisms," Says Andrey Kostin, head of Russia's second-biggest bank VTB, noting that the possibility of the US and EU widening sanctions to exclude Russia from the SWIFT global money transfer system would become "A point of no return" Making any further dialog impossible. Ref. Source 4
Russian Ruble vs. US Dollar
QUOTE (USAToday)The ruble declined sharply against the dollar on Tuesday despite an aggressive intervention by Russia's central bank to hike interest rates. The currency fell to a new low of just over 70 against the dollar. The ruble has lost about half its value since the start of the year because of the collapse of oil prices and Western sanctions over Russia's actions in Ukraine.
If Russia gets desperate economically then they may start to get more aggressive. Their idea of moving away from the US dollar to their own currency is going to flop real fast at this pace. Maybe the oil price dive was also to destabilize Russia.
International Level: Politics 101 / Political Participation: 5 
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Russian Ruble vs. Dollar
Well Putin did it again new interest rates are to go high double digits. If Russia people were not poor enough this should put them all living in a card board box.
I am sure we will the the ruble drop even more now.
International Level: Senior Politician / Political Participation: 188 18.8%
TOPIC: Russian Ruble vs. US Dollar