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Top related persons:
Maxim Shemetov - 1 Egor Zhilnikov - 1 Alexey Antonov - 1 Antonov - 1 Alexander Marrow - 1 Andrew Heavens - 1 Sharon Singleton - 1
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Alor
Top related orgs:
REUTERS - 1 Alor Broker - 1 Brent - 1 Thomson - 1

Search resuls for: "Egor Zhilnikov"


2 mentions found


☆ Rouble hits over 16-month low under FX demand pressure
  + stars: | 2023-08-09 | by ( Alexander Marrow | Thomson Reuters | Moscow-Based Reporter Covering Russia'S Economy | ) www.reuters.com   time to read: +2 min
A view shows Russian rouble coins in this illustration picture taken March 25, 2021. REUTERS/Maxim Shemetov/IllustrationAug 9 (Reuters) - The rouble hit a more than 16-month low on Wednesday, hampered by strong foreign currency demand and limited supply, with Russia's shrinking trade surplus and widening budget deficit also hurting sentiment. By 1023 GMT, the rouble was 0.2% weaker against the dollar at 97.32 , earlier hitting 97.48, its weakest point since March 25, 2022. It has been under pressure all year from Russia's shrinking balance of trade, as export revenues fall and imports rebound, dropping around 28% year-to-date from levels near 70 to the dollar. Brent crude oil , a global benchmark for Russia's main export, was 0.7% higher at $86.80 a barrel.
Persons: Maxim Shemetov, Egor Zhilnikov, Alexey Antonov, Antonov, Alexander Marrow, Andrew Heavens, Sharon Singleton Organizations: REUTERS, Alor Broker, Brent, Thomson Locations: Alor
☆ Rouble firms towards 60 vs dollar amid jump in oil prices
  + stars: | 2022-11-11 | by ( ) www.reuters.com   time to read: +1 min
Nov 11 (Reuters) - The rouble firmed to a five-week high of near 60 versus the dollar in early trade on Friday, as oil prices jumped from a two-week low and the U.S. currency weakened across the board on slowing U.S. inflation data. The Russian currency is also set to benefit from a new tax period starting next week, when exporters will convert a portion of their foreign currency revenues into roubles. The rouble was last up 0.59% against the dollar at 60.18. Against the euro, the rouble was trading flat at 61.35.​​The rouble may climb past the 60 mark versus the dollar, Promsvyazbank analyst Egor Zhilnikov said, adding that there are no visible factors holding it back. The rouble-based MOEX Russian index (.IMOEX) firmed 0.59% to 2,223.05.​​Reporting by Reuters; Editing by Kenneth MaxwellOur Standards: The Thomson Reuters Trust Principles.
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