Search results
Results From The WOW.Com Content Network
Following a brief collapse in the initial aftermath of last year’s Feb. 24 invasion, which saw Russia’s fiat tender plunge to a record low of 120 to the dollar, the ruble rebounded to trade at ...
In 2006 the volume of transactions on the MICEX reached 20.38 trillion rubles (US$754.9 billion), representing more than 90% of the total turnover of the leading stock exchanges in the Russian stock market. About 239 Russian companies were listed, with a market capitalization of US$950 billion as of December 2010.
USD / RUB exchange rate 1994–2023 EUR / RUB exchange rate. The first Russian ruble (RUR) introduced in January 1992 depreciated significantly versus the US dollar from US$1 = 125 RUR to around US$1 = 6,000 RUR (or 6 RUB) when it was redenominated in January 1998. The new ruble then depreciated rapidly in its first year to US$1 = 20 RUB before ...
The reform retired and confiscated large-denomination bills to attempt to dampen inflation and combat the black market within the Soviet Union. [1] It began on January 22, 1991. Its architect was Minister of Finance Valentin Pavlov , who was to become the last prime minister of the Soviet Union on January 14, 1991.
The annual inflation rate reached 36.8% in June, up from 33.7% recorded in May, according to data released by the state-run Central Agency for Mobilization and Statistics.
For instance, during the year before the crisis, the Central Bank aimed to maintain a band of 5.3 to 7.1 RUB/USD, meaning that it would buy rubles if the market exchange rate threatened to exceed 7.1 rubles/dollar. Similarly, it would sell rubles if the market exchange rate threatened to drop below 5.3.
The ruble hit a 17-month low against the dollar Monday, highlighting the growing squeeze on Russia’s economy from Western sanctions and a slump in export revenues.
Russia: First Russian ruble (RUR) 1 SUR = 1 RUR 14 July 1992 August 1993 1 January 1998: Second Russian ruble (RUB) 1,000 RUR = 1 RUB Tajikistan: Tajik ruble (TJR) 100 SUR = 1 TJR 10 May 1995 January 1994 30 October 2000: Tajikistani somoni (TJS) 1,000 TJR = 1 TJS Turkmenistan: First Turkmenistani manat (TMM) 500 SUR = 1 TMM 1 November 1993 ...