by CBBSS | Jan 16, 2021 | Regional News
Russian stocks dropped more this week than they did in the span of any week since May 2012, Bloomberg Business reports. Also, the ruble fell to nearly 78 to the dollar Friday, as Brent crude oil traded under $30. The Royal Bank of Scotland is predicting the ruble will...
by CBBSS | Jan 6, 2021 | Regional News
The Turkish lira fell to 3.0 against the dollar Wednesday, Hurriyet Daily News reports. The lira has been steadily declining in value for months, but it had stayed under 3.0 to the dollar since October. Read original...
by CBBSS | Dec 31, 2020 | Regional News
The ruble fell to 73.2 to the dollar on Wednesday, the weakest Russia’s currency has been in a year, AP reports. The ruble lost 40 percent of its value in 2014 and has lost 20 percent of its value compared to a year ago. Read original...
by CBBSS | Dec 22, 2020 | Regional News
The lira was the fifth worst performer against the dollar among 20 emerging market currencies in 2015, Zaman reports. Turkey’s currency fell by 20 percent against the dollar. Last October, the lira was 2.22 to the dollar. It is now slightly below 3.0 to the...
by CBBSS | Dec 9, 2020 | Regional News
Russia’s ruble has fallen to around 69 to the dollar this week. Global oil prices are nearing seven-year lows with Brent Crude falling to $41.23 a barrel, The Moscow Times reports. Read original...
