Tag: Foreign exchange market
Central Bank of Russia restricts foreign exchange trading
Central Bank of Russia On the other hand, there are no restrictions on exchanging foreign currencies for rubles. (Photo: Bloomberg) Moscow The Russian central bank imposes drastic restrictions on foreign…
The value of the euro falls below one franc
Zurich The soaring Swiss franc alarmed the domestic central bank. On Monday, the Swiss National Bank (SNB) emphasized its willingness to weaken the strengthened Swiss currency with foreign currency purchases.…
Swiss central bank achieves a profit of over CHF 26 billion
Swiss National Bank Shareholders are to receive a dividend of CHF 15 per share certificate. (Photo: Reuters) Zurich The Swiss National Bank (SNB) closed last year with a profit of…
Swiss central bank achieves a profit of over CHF 26 billion
Swiss National Bank Shareholders are to receive a dividend of CHF 15 per share certificate. (Photo: Reuters) Zurich The Swiss National Bank (SNB) closed last year with a profit of…
Which currency is a safe haven
Passer-by in front of an exchange office Safe-haven currencies could benefit from geopolitical turmoil. (Photo: AP) Frankfurt In times of crisis, investors usually follow a simple pattern: get out of…
Which currency is a safe haven
Passer-by in front of an exchange office Safe-haven currencies could benefit from geopolitical turmoil. (Photo: AP) Frankfurt In times of crisis, investors usually follow a simple pattern: get out of…
Rubles unpredictable after crash
Exchange rates in Moscow On Monday, the dollar rose to a temporary record high of 120 rubles due to Russia’s escalating dispute with the West. (Photo: imago images/ITAR-TASS) Dusseldorf After…
Rubles unpredictable after crash
Exchange rates in Moscow On Monday, the dollar rose to a temporary record high of 120 rubles due to Russia’s escalating dispute with the West. (Photo: imago images/ITAR-TASS) Dusseldorf After…
Ruble stabilizes after crash – Moscow stock exchange remains closed
Exchange rates in Moscow On Monday, the dollar rose to a temporary record high of 120 rubles due to Russia’s escalating dispute with the West. (Photo: imago images/ITAR-TASS) Dusseldorf After…
Moscow postpones the start of the stock market, the ruble collapses – investors flee to gold and dollars
Western sanctions over Russia’s war of aggression in Ukraine have pushed the ruble to historic lows against the US dollar. The dollar, in turn, rose nearly 42 percent to a…
Moscow postpones the start of the stock market, the ruble collapses – investors flee to gold and dollars
Western sanctions over Russia’s incursion into Ukraine have pushed the ruble to historic lows against the US dollar. The dollar, in turn, rose nearly 42 percent to a record high…
Asia’s stock exchanges start inconsistently after the package of sanctions – Moscow postpones the start of the stock exchange
Tokyo, New York The new trading week on the global stock markets starts with restraint in Tokyo. Despite the tough sanctions decided by the US and EU over the weekend,…
Asia’s stock markets start unevenly after package of sanctions against Russia
Tokyo Stock Exchange Investors on the Asian markets fear the tough sanctions course. (Photo: Reuters) Tokyo The new trading week on the global stock markets starts with restraint in Tokyo.…
Prices at their highest level since 2014 – safe havens in demand
Dusseldorf In view of the critical situation in Ukraine, investors stock up on crude oil at the start of the week. That pushes oil prices to their highest levels since…
Course swing by the ECB supports the euro exchange rate
Euro Dollar Illustration Experts see the common currency’s fair value above current levels. A turnaround in interest rates by the ECB could trigger a move to the upside. (Photo: Reuters)…
Ruble recovers somewhat – high risks in the short term
The Kremlin in Moscow The Russian currency is suffering from tensions between Russia and Ukraine (Photo: Bloomberg) Frankfurt The Russian ruble temporarily rose to its highest level in almost a…
Turkey’s central bank doubles its inflation forecast
Inflation in Turkey The main reason for the rising prices is the devaluation of the lira last year, which was stopped at the end of 2021. (Photo: dpa) Ankara The…
US Accounting Season Begins – What It Means For Markets
DAX After Wall Street is closed for a holiday on Monday, the big number round begins on Tuesday. (Photo: Bloomberg) Munich The big stock exchanges are facing a change of…
Euro exchange rate as low as it was last in summer 2020
Euros and dollars The majority of global transactions are processed in these two currencies. (Photo: AFP) Frankfurt The euro fell further on Friday and hit a low for over a…
This is how investors protect themselves
Secure or not? Investors need to decide how to handle currency risk. (Photo: Ikon Images / Getty Images) Frankfurt The dollar has risen sharply in the past few weeks. Despite…