Ruble

Crypto exchange Binance (CRYPTO: BUSD) plans to leave Russia and now wants to halt local currency deposits in the coming week, effective Nov. 15, 2023, as stated on its blog. The exchange also advised users to withdraw the Russian currency from the platform, as it was expected to terminate...

The trade volume between the Russian ruble and Tether (CRYPTO: USDT) saw a significant increase over the weekend, nearly quadrupling from $4 million Saturday to $15 million Sunday, as per data from crypto analytics firm CCData. What Happened: This surge coincided with the capture of...

The Russian ruble has rebounded from its steep initial losses following the country's invasion of Ukraine in February.  Below is the daily timeframe.  I have highlighted the 85% decline in the ruble in the first week of March, followed by the 46% gain in strength through the rest of...

Bitcoin (CRYPTO: BTC) has gained a whopping 40% premium on Russian markets, as more people in the country turn to popular cryptocurrencies in the wake of global financial sanctions against their country over its invasion of Ukraine.  What Happened: The supply of active...

Bitcoin (CRYPTO: BTC) gained a premium in the Ukrainian markets in comparison with the local currency, the hryvnia (UAH), in the aftermath of the Russian invasion last week. What Happened: The apex cryptocurrency traded at a 6% premium to the hryvnia, according to a note by Kaiko Research. The...

The Russian ruble was trading as low as 119 per U.S. dollar on Monday morning, down from 84 per dollar on Sunday, a decline of nearly 30%. The precipitous fall of Russia's currency comes in response to international backlash and sanctions against Russia following its invasion of Ukraine last...

Heading into a new trading week amid Russia’s invasion of Ukraine, here is a quick roundup of the top five stories from the corporate, economic and cryptocurrency sectors that investors would not want to miss out on from the weekend. 1. Ukraine Crisis Escalates: Belarus is planning to send...

The Ruble’s price is ranging between 110 to 120 per dollar, as quoted by Russian banks on Sunday. What Happened: On Friday, the Ruble had traded at around the 83 mark — the current quote is 30% to 40% below this level — while before the invasion the currency was at the...

Investors looking for exposure to emerging markets have plenty of options to chose from, but there are a few clear favorites among investors for 2017. Investing in Russia could prove to be a top play for investors that borrow in currencies with a low interest and rate and buy currencies that...

A new report by cybersecurity company Group IB reveals a massive successful cyberattack on Russian trading systems in February 2015. According to the report, the cybercriminals used a Trojan virus to gain access to trading systems and perform $400 million of unauthorized trades. The criminals...

Russia was making headlines again Tuesday, and the news didn’t get any better for the country's battered economy, which is teetering on the brink of recession. Ratings agency Standard and Poor's cut Russia’s foreign currency credit rating to BB+ and issued a negative outlook...

As of January 5, the Market Vector Russia ETF Trust (NYSE: RSX) was continuing the slide that began in July, which accelerated downward in December. In 2014, the ETF skidded nearly 50 percent. The ETF tracks the MSCI Russia Index, which measures performance of large- and mid-cap companies in...

Apple Inc. (NASDAQ: AAPL) halted online sales in Russia due to the "extreme fluctuations" in the value of the ruble. Will other tech companies do the same? "I do see other companies following suit because, as your currency is being deflated, they just can't afford [to sell...