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Top related persons:
Maxim Shemetov - 2 Yevgeny Kogan - 2 Alexander Marrow - 2 Putin - 1 Rouble - 1 rouble - 1 Vladimir Putin - 1 Kogan - 1
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Moscow Russia Ukraine outflows Locko Bangalore Russian Brent
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REUTERS - 2 Russia's Higher - 2 of Economics - 2 Bank of Russia - 2 Thomson - 2 U.S - 1 TASS - 1 Wednesday - 1

Search resuls for: "Yevgeny Kogan"


2 mentions found


☆ Rouble jumps against dollar after Putin reimposes currency controls
  + stars: | 2023-10-12 | by ( Alexander Marrow | Thomson Reuters | Moscow-Based Reporter Covering Russia'S Economy | ) www.reuters.com   time to read: +4 min
REUTERS/Maxim Shemetov/Illustration/File Photo Acquire Licensing RightsSummaryCompanies Russian rouble climbs to over 2-week high vs dollarMove comes after Putin reimposes currency controlsRouble had slumped to over 18-month low this weekAnalysts expect rouble to firm more in coming weeksOct 12 (Reuters) - Russia's rouble leapt against the U.S. dollar on Thursday after President Vladimir Putin ordered the mandatory sale of foreign currency revenues for some exporters to buttress the currency. The rouble collapsed to a record low in the weeks after Russia invaded Ukraine last year, before Moscow imposed similar capital controls that saw it recover to a seven-year high. Kogan warned, however, that by 2025-2026 businesses would form plans based on a rouble rate of 100-105. The central bank endorsed the measures, a shift in its stance, after it previously warned of the inefficiency of currency controls. "The rouble is even less tradable for foreign investors after Russia re-imposed some capital controls," Piotr Matys, senior FX analyst at In Touch Capital Markets.
Persons: Maxim Shemetov, Putin, Rouble, rouble, Vladimir Putin, Yevgeny Kogan, Kogan, Gref, Andrei Belousov, Piotr Matys, Dmitry Polevoy, Brent, Alexander Marrow, Amruta, Robert Birsel, Mark Potter, Varun, Alexander Smith Organizations: REUTERS, U.S, Russia's Higher, of Economics, TASS, Wednesday, Bank of Russia, FX, Touch, Thomson Locations: Moscow, Russia, Ukraine, outflows, Locko, Bangalore
☆ Russian rouble pares losses vs dollar in volatile trade
  + stars: | 2023-10-10 | by ( Alexander Marrow | Thomson Reuters | Moscow-Based Reporter Covering Russia'S Economy | ) www.reuters.com   time to read: +2 min
An employee counts Russian 1000-rouble banknotes in a bank office in Moscow, Russia, in this illustration picture taken October 9, 2023. REUTERS/Maxim Shemetov/Illustration/File photo Acquire Licensing RightsOct 10 (Reuters) - The Russian rouble dived towards a more than an 18-month low on Tuesday before paring most losses in a volatile session, under pressure from domestic demand for foreign currency and a drop in oil prices. By 1034 GMT, the rouble was 0.3% weaker against the dollar at 99.63 . It had lost 0.8% to trade at 105.55 versus the euro and shed 0.4% against the yuan to 13.64 . "The bank may show a record profit of 1.5 trillion roubles for the year."
Persons: Maxim Shemetov, Sber, Yevgeny Kogan, Alexander Marrow, Ed Osmond, Gareth Jones Organizations: REUTERS, Bank of Russia, Russia's Higher, of Economics, Thomson Locations: Moscow, Russia, Russian, Brent
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