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Russia’s Central Bank Scrambles to Raise Interest Rates as the Ruble Sinks
/ Market Analysis

Russia’s Central Bank Scrambles to Raise Interest Rates as the Ruble Sinks

Russia makes a 3.5% emergency rate hike after the ruble falls below 100 to the dollar.

August 15, 2023
EUR/USD Slides to 0.99 as Putin Declares Partial Mobilization

EUR/USD Slides to 0.99 as Putin Declares Partial Mobilization

The Euro has become under additional pressure amid a new national address by Russian President Vladimir Putin.

September 21, 2022
FX Trading Volume Jumps 5% YOY as Currencies Become More Volatile

FX Trading Volume Jumps 5% YOY as Currencies Become More Volatile

Average FX trading volume has reached record levels as the war in Ukraine as well as rate hikes keep the forex market volatile.

May 19, 2022
After Sanctions Block Crypto Transfers, Russia May Use Illicit Gold Markets

After Sanctions Block Crypto Transfers, Russia May Use Illicit Gold Markets

Gold may offer Russia and other targeted entities a more suitable option for bypassing sanctions as generating and accessing foreign exchanges becomes increasingly tricky.

April 26, 2022
Binance Limits Russian Accounts after New Sanctions, Others Likely to Follow

Binance Limits Russian Accounts after New Sanctions, Others Likely to Follow

Binance will put accounts that hold crypto worth over €10,000 ($10,900) on “withdrawal-only” mode.

April 21, 2022

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