foreign currency

Russian Ruble’s Plunge Sparks Economic Concerns Amid Geopolitical Unrest

The Russian ruble's recent nosedive to its lowest level in almost 17 months has raised significant alarm bells within the…

2 years ago

Kuwait’s Money Supply Shows Modest Increase, Reflecting Stable Economic Outlook

Kuwait's Central Bank has reported a modest increase in the country's money supply, highlighting stable economic conditions and positive trends…

2 years ago

Swiss National Bank posts record $143 billion loss in 2022

The Swiss National Bank posted an annual loss of 132 billion Swiss francs ($143 billion) in 2022, it said on…

3 years ago

G7 price cap on Russian oil kicks in, Russia will only sell at market price

The Group of Seven price cap on Russian seaborne oil came into force on Monday as the West tries to…

3 years ago

Russian rouble leaps to more than 2-week high past 60 vs dollar

The rouble surged to more than two-week highs on Thursday against the dollar and euro and Russian stocks edged higher,…

3 years ago

Swiss National Bank posts record H1 loss, says no policy impact

The Swiss National Bank (SNBN.S) reported a first-half loss of 95.2 billion Swiss francs ($100.08 billion) on Friday, the biggest six-month loss…

3 years ago

Rouble falls sharply as Russia relaxes some capital controls

The Russian rouble weakened sharply in jittery trade on Monday, reversing some of the previous week's gains, after the central…

4 years ago

Russia hikes rate to 20% in emergency move, tells companies to sell FX

The Russian central bank raised its key interest rate to 20% from 9.5% on Monday in an emergency move, and…

4 years ago

Russia hikes rates, introduces capital controls to defend against sanctions

Russia's central bank more than doubled its key policy rate on Monday and introduced some capital controls as it scrambled…

4 years ago