Russian rouble up from new lows, ratings downgrades weigh

Russian Rouble and US Dollar banknotes are seen in this illustration taken, February 24, 2022. REUTERS/Dado Ruvic/Illustration/File Photo Register now for FREE unlimited access to Reuters.com Register MOSCOW, March 3 (Reuters) – The rouble pared some losses after slumping to new record lows against the dollar and euro on Thursday as Fitch and Moody’s downgraded … Read more

U.S. slaps sanctions on Russia’s central bank, threatens more action

An exterior view shows Russia’s Central Bank headquarters in Moscow, Russia March 29, 2021. A sign reads: “Bank of Russia”. REUTERS/Maxim Shemetov Register now for FREE unlimited access to Reuters.com Register WASHINGTON, Feb 28 (Reuters) – The United States on Monday imposed sanctions on Russia’s central bank and other sources of wealth, dealing a crushing … Read more

Russian central bank scrambles to limit fallout of tough sanctions

Feb 27 (Reuters) – Russia’s central bank announced a slew of measures on Sunday to support domestic markets, as it scrambled to manage the broadening fallout of harsh Western sanctions over the weekend in retaliation against Moscow’s invasion of Ukraine. The central bank said it would resume buying gold on the domestic market, launch a … Read more

Investors brace for volatility as West moves to cut Russia off from SWIFT

NEW YORK/LONDON Feb 26 (Reuters) – Investors were preparing on Saturday for more wild gyrations in asset prices after Western nations announced a harsh set of sanctions to punish Russia for its invasion of Ukraine, including blocking some banks from the SWIFT international payments system . New measures announced by the United States, Britain, Europe … Read more