Russian Ruble Gains Further as Nation

Russian Ruble Gains Further as Nation Rebound From Slump

Wednesday, October 21st, 2009

The Russian currency experienced another day of gains after a government official announced today that the country is out of recession, adding attractiveness to the already appealing Russian stock market.

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Crude Oil Record High Helps Russian Ruble to Gain

Monday, October 19th, 2009

Russia is the main energy supplier to Europe, and this week, as the crude oil continued to extend gains reaching the highest values since it tumbled last year after the global slump, the ruble is gaining, as demand for Russian natural resources are influencing the national currency positively.

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Crude Oil Provides Support for Ruble Rally

Thursday, September 17th, 2009

The Russian currency benefited from a new wave of confidence among traders that forced commodities rates up, helping Russian assets to be more attractive in global markets, consequently influencing positively the rates for the ruble.

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Russian Ruble Advances on Oil, Equities

Friday, August 28th, 2009

The Russian currency had the first gains after three days of losses versus the greenback as the crude oil rates climbed on speculations that demand will rise, suggesting that the one of the main global oil producers will export more of its commodities.

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Crude Oil Fuels Russian Ruble Rally

Monday, August 24th, 2009

The Russian currency gained versus the U.S. dollar and several other currencies as the crude oil climbed again today, fueled by optimism regarding the world economic recovery.

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Russian Ruble Climbs Intensively on Crude Oil Rally

Monday, July 20th, 2009

The Russian currency gained most in almost a decade as the crude oil reached $64 a barrel and metallic commodities are on the rise, creating speculations that Russia, a world leader in commodity exportation, will benefit from a global economic rebound.

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Ruble Declines as Russian May Enter Deeper Recession

Tuesday, July 14th, 2009

The Russian ruble completed a week of consecutive losses versus the euro and the dollar, as speculations in Russia indicate that the recession will be depper than previously announced.

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Ruble Drops as Crude Oil Rates Continue Decline

Wednesday, July 8th, 2009

Russia, the world’s leading energy supplier and main oil exporter to Europe, has witnessed a considerable drop in its currency as the crude oil price is reaching almost a week of declines, as concerns regarding the global slump may slash global energy demand for the next months.

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Russian Ruble Climbs on Oil Uptrend, Stocks Rally

Monday, June 1st, 2009

The Russian ruble posted gains against the U.S. dollar for the third day in a row, as the demand for oil increases, causing the Russian stock market to have the highest rally since the beginning of the global slump.

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Ruble Strengthens to New 2-Month High

Wednesday, May 20th, 2009

The Russian ruble rose to its new maximum since January 14 against the U.S. dollar today as the current oil prices still suggest that the December-January devaluation was too strong.

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Indian Rupee Sells as Indian Elections

Indian Rupee Sells as Indian Elections End with Uncertainty

Thursday, May 14th, 2009

The Indian rupee declined against the U.S. dollar today showing the second bearish day as the country’s parliament elections aren’t easily predictable about the actual winner that will form the new government.

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Indian Rupee Approaches Recent Record-Low

Thursday, March 5th, 2009

The Indian rupee declined against the U.S. dollar today, almost reaching a new record-low level, as the domestic companies converted to dollars in order to pay for the imported goods.

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Rupee to Post Worst Weekly Drop This Year

Friday, February 20th, 2009

The Indian rupee declined against the U.S. dollar today and is currently ready to show the biggest weekly drop since the beginning of the year as the slump of the U.S. stock markets was followed by the decline in the Asian markets.

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Indian Rupee Gains on Global Optimism

Wednesday, February 4th, 2009

The Indian rupee rose at the fastest pace in a week today as the revival of the global stock markets restored the optimism of the traders that the foreign investors will return to Indian, buying the local assets with the local currency.

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Rupee Opens Higher Today on Stocks Revival

Tuesday, January 27th, 2009

The Indian rupee advanced against the U.S. dollar during the Forex trading session opening today as the stock markets showed some strength world-wide and the investors used the short-term opportunity to enter the high-risk assets.

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Indian Rupee Falls to Record Low

Thursday, November 20th, 2008

The Indian rupee fell to the record low level against the U.S. dollar today as the Asian stock markets followed the path of the U.S. equities and declined strongly; the recession forecasts for 2008 and the first half of 2009 also played their role.

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Rupee Declines More as Stocks Tumble

Thursday, October 23rd, 2008

The Indian rupee continued to fall against the U.S. dollar and the Japanese yen today as the Asian stock markets fell again, spurring the outflow of the capital from the emerging markets.

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Rupee Falls to Record Low on Rate Cuts

Friday, October 10th, 2008

The Indian rupee fell to the new record low level versus the U.S. dollar today as the foreign investors pulled out capital out of the country’s markets amid deepening of the global financial crisis.

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Indian Rupee Heading for Weekly Gain

Friday, July 11th, 2008

The Indian rupee is more likely to end this week in a positive zone against the U.S. currency as the investors expected that the companies’ good reports will attract traders and the conversion to local currency.

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Rupee Falls on Oil Demand Speculations

Wednesday, June 18th, 2008

The Indian rupee showed a weakening today at the Forex market as the speculations that the domestic companies will have to buy oil rose in the country.