OR Group (formerly the Obuv Rossii group of companies) plans to file an appeal against the court decision to recover 580.1 million rubles from OR LLC (a subsidiary of OR Group) in favor of...
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3 Minutes
1 Minute
Manturov allowed a drop in the production of passenger cars in the Russian Federation in 2022 by about 50%
The production of passenger cars in Russia in 2022 may be reduced by about 50%. „The decrease in the market and production (cars – IF) this year will be about 50%,” – said the...
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2 Minutes
In 2023, 492 billion rubles will be allocated to finance civilian science
The budget for science in the coming years will be prioritized according to the tasks of the economy and the needs of industries in the face of sanctions pressure, Deputy Prime Minister Dmitry Chernyshenko...
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1 Minute
From July 20, the export duty on wheat from the Russian Federation will increase
From July 20, the export duty on wheat from the Russian Federation will increase to 5,984.9 rubles from 5,558.9 rubles per ton a week earlier, the Ministry of Agriculture said. The duty on barley...
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1 Minute
The ruble compensated for the morning fall
The ruble won back the morning fall on the Moscow Exchange and moved to growth to 58.29 per dollar and 58.37 per euro MOSCOW, July 15 – PRIME. The ruble in the first hour...
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1 Minute
GBP/USD LOOKS AT RISK OF MOVING TO 1.16-1.17 IN THE COMING DAYS – ING
GBP/USD surrenders intraday gains. Economists at ING see the pair at risk of falling to the 1.17-1.16 area in the coming days. TV DEBATE FOR TORY CANDIDATES “It will be interesting to see the...
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1 Minute
Hundred off the table?
What a difference 24 hours make. Just yesterday, markets were increasingly convinced that the Fed will push for a 100 bps rate hike in two weeks’ time and all of a sudden after remarks from Waller...
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1 Minute
Two more experts are waiting for the Bank of Russia to cut the rate on July 22 by 100 points at once
The CBR rate cut on July 22, 2022 may amount to 100 bp. The decrease in the key rate of the Central Bank of the Russian Federation following the meeting on July 22 this...
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5 Minutes
Why the euro is sinking
Why did the euro fall to parity against the dollar and is this notorious level so important EUR/USD chart at 1-week intervals When the US economy collapsed during the 2008 global financial crisis, one...
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2 Minutes
Bloomberg dollar index hits all-time high
The dollar strength gauge rose to its highest level on record, eclipsing the peak it reached during the financial panic in the early months of the Covid-19 pandemic. The dollar’s gains this year have...
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