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Tag: russia
Oil drop plus sanctions sends Russia ruble into free fall
2014-12-17 12:18:43| Auto Dealers - Topix.net
Despite the Russian central bank's extraordinary move to defend the currency, the ruble's value continued to slide on Tuesday, presenting President Vladimir Putin with an acute new set of political and economic challenges. Scenes that Russians hoped had receded into the past reappeared on the streets.
Ruble sinks to 80 a dollar defying surprise Russia rate increase
2014-12-17 02:47:25| Appliances - Topix.net
The ruble plunged to 80 a dollar for the first time as investors speculated Russia will announce capital controls after the largest interest-rate increase in 16 years failed to revive confidence in the currency. The ruble sank as much as 19 percent to 80.10, before trading at 78 at 3:14 p.m. in Moscow.
Tags: rate
increase
russia
dollar
CME: How is Russia Affecting the US Markets?
2014-12-17 01:00:00| ThePigSite - Industry News
US - One of the top stories in business news today (16, December) is the implosion of the Russian rouble, making this a good time to review some of the macro factors impacting livestock markets at the moment.
Tags: us
russia
markets
affecting
Belarus Suspends Export of Non-Heat-Treated Pork to Russia
2014-12-16 01:00:00| ThePigSite - Industry News
BELARUS - Belarus has made a decision to temporarily suspend export of non-heat-treated pork products to Russia, Director of the Veterinary and Food Oversight Department of the Belarusian Agriculture and Food Ministry Vasily Pivovar told BelTA.
Tags: export
russia
belarus
pork
Russia raises interest rate to 17%
2014-12-16 00:08:25| BBC News | Business | UK Edition
The Russian central bank announces a huge rise in its key interest rate - to 17% from 10.5% - to try to stem the rouble's fall.
Tags: rate
interest
russia
raises
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