Russia's Economy Ministry expects ruble to strengthen by end of 2018
The ruble has strengthened by 6.8% versus the dollar.
Moscow - TASS
Russia’s Economic Development Ministry expects the national currency to strengthen slightly by the end of this year against its current level, macroeconomic forecasting department’s director Polina Badasen said on Thursday.
"We expect a certain strengthening of the ruble’s exchange rate by the yearend considering the decisions that have been taken. Overall, what is happening on the currency market now is the crisis of developing countries’ currencies, while Russia looks far more stable and much better against that background from the viewpoint of fundamental factors," she explained.
The exchange rate of the Russian currency reached this year’s lowest level versus the dollar on September 10, sliding to 70.6 rubles per dollar for the first time since March 2016. Since then, the ruble has strengthened by 6.8% versus the dollar. On Thursday, the dollar exchange rate dropped below 66 rubles to 65.79 rubles on the Moscow Exchange. The euro exchange rate lost 6.1% to 76.9 rubles in the same period.
GMT 12:09 2018 Monday ,26 November
Black Friday less wild as more Americans turn to online dealsGMT 15:06 2018 Sunday ,18 November
Refugee host countries discuss UNRWA's financial crisisGMT 16:17 2018 Monday ,12 November
Egypt working on 4-year plan to increase growth rateGMT 12:45 2018 Friday ,09 November
Egyptian agriculture products introduced to Japanese markeGMT 11:42 2018 Friday ,02 November
Turkey's new mega airport, boon for slowing economyGMT 13:42 2018 Monday ,29 October
Egypt's trade volume hits $67.63 bln over 9 monthsGMT 15:13 2018 Friday ,12 October
Govt to announce incentives package for Overseas PakistanisGMT 14:46 2018 Thursday ,11 October
Economy and energy dominate agenda in Russian-Slovak relationsRussia tests new telemetry system during manned Soyuz MS-11 spacecraft’s launch
Moscow - TASS
The Astra-06 apparatus developed by specialists of Russian Space Systems (RSS) was used for the first time as additional telemetric equipment aboard the manned Soyuz MS-11 spacecraft launc...Read More
GMT 22:42 2018 Thursday ,13 December
'World of Food Abu Dhabi' kicks off at Umm Al Emarat ParkGMT 09:23 2013 Thursday ,03 January
Haifa Wehbe: No 2012 regrets
GMT 06:46 2014 Thursday ,23 October
8 killed as passenger van attacked in south west Pakistan
GMT 16:55 2018 Tuesday ,16 January
Stylist fashion editor commences role
GMT 21:47 2015 Monday ,31 August
Jack Black stars in new 'Goosebumps' trailer
GMT 08:04 2017 Monday ,30 October
Pakistani bridal brand Élan showcases
GMT 11:57 2018 Thursday ,04 January
Thiem through but more seeds fall at Qatar Open
GMT 08:46 2017 Friday ,07 July
Stella Magazine associate editor
GMT 07:46 2017 Monday ,09 October
Egyptian national football team arrives at El Ittihadiyah palace
GMT 10:47 2017 Monday ,09 January
UAE retailer hiring ‘real people’ for runway show
GMT 09:48 2017 Sunday ,22 October
Barcelona roll on calmly amidst Catalan chaos
GMT 08:09 2017 Monday ,27 February
A Useful Guide to Repaint the Exterior of Your Home
GMT 10:19 2017 Wednesday ,27 September
Expo Live launches grant programme for local university students
GMT 13:41 2017 Saturday ,06 May
Shah Rukh Khan’s Dubai film
GMT 23:20 2017 Wednesday ,08 February
In same sportive look as sibling Gigi
GMT 14:00 2018 Tuesday ,11 December
Russia tests new telemetry system during manned Soyuz MS-11 spacecraft’s launch
GMT 14:10 2018 Friday ,07 December
Lithuania imposes sanctions on Russian citizens involved in Kerch Strait incident
GMT 12:55 2018 Wednesday ,21 November
Bahrain condemns terrorist attack in Afghanistan
GMT 09:17 2018 Monday ,05 November
Edouard Philippe arrives in New Caledonia
GMT 11:20 2018 Friday ,12 October
Young Egyptian woman serves as minister for a day
GMT 10:20 2017 Monday ,29 May
Morocco protest leader arrested
GMT 15:10 2016 Tuesday ,03 May
Dr. Ashrawi on the occasion of World Press Freedom Day
GMT 23:11 2016 Monday ,20 June
Walmart, JD.com announce alliance in China
GMT 11:54 2015 Sunday ,05 July
7 Pakistani troops killed
GMT 18:11 2017 Tuesday ,14 March
EU headscarf ban ruling sparks faith group backlash
GMT 12:14 2017 Thursday ,06 April
Promoters refuse to confirm Manny Pacquiao's fight with Jeff Horn
GMT 00:33 2017 Wednesday ,01 February
Welcome back, Oman!
GMT 11:01 2017 Saturday ,25 February
Spain to cull 17,000 ducks as bird flu hits
GMT 10:18 2017 Wednesday ,26 April
Oslo, London, Amsterdam lead push for greener transport
GMT 12:34 2016 Sunday ,11 September
Samsung Urges Consumers To 'Immediately' Stop Using Galaxy Note 7 Smartphone
GMT 17:40 2014 Monday ,22 September
5 memory strategies for learning anything fast
Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2021 ©
Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2021 ©
Send your comments
Your comment as a visitor