#Russia: #Roublefalls back in volatile #trade after early surge

Russian currency is being hurt by falling oil prices and Western sanctions over Ukraine

The Russian currency is down some 40 per cent against the dollar this year.An employee uses a machine while counting Russian ruble banknotes at a private company’s office in Krasnoyarsk, Siberia. Photograph: Ilya Naymushin/Reuters

A recovery in the rouble ran out of steam on Tuesday as oil prices slid, wiping out early gains driven by modest foreign-currency sales on the final day of trading before the New Year holidays... (Read more)

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#Russia: #Roublerecovers as authorities step up support

Currency climbs in value as threat to country’s financial stability eases

An employee counts Russian ruble banknotes at a private company’s office in Krasnoyarsk, Siberia. Photograph: Ilya Naymushin/Reuters

Russia’s rouble strengthened on Friday after finance minister Anton Siluanov confirmed his ministry had sold foreign currency and on expectations that exporters will step up dollar sales... (Read more)

External Expansion Ltd. (www.externalexpansion.net)

#Russia: Ruble Plummets as #EU Ends Uncertainty Over #Sanctions

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  Mariano Rajoy Brey, Spanish Prime Minister,right, and José Manuel Barroso, center, in the presence of Pedro Passos Coelho, Portuguese Prime Minister, at a special meeting of the European Council last month.
  Photo: Ec.europa.eu

The Russian currency plunged to historic lows against the dollar Thursday as the European Union appeared to end more than a week of vacillation by opting to impose a new round of sanctions against Russia over its backing of separatist fighters in eastern Ukraine... (Read more)

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