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    • Russia's Jan budget deficit widens as energy revenues slump

      • BY Reuters|
      • Non-Eurozone , Russia |
      • 10:22 AM ET 02/06/2023

      * This content was produced in Russia where the law restricts coverage of Russian military operations in Ukraine. Slumping energy revenues and soaring expenditure pushed Russia's federal budget to a deficit of 1.76 trillion roubles in January, the finance ministry said on Monday, citing preliminary data.

    • Russian rouble slides to near one-month low vs dollar

      • BY Reuters|
      • Non-Eurozone , Russia |
      • 09:06 AM ET 02/06/2023

      The Russian rouble slipped to a four-week low against the dollar on Monday, as the market prepared for Moscow to increase its foreign currency sales and new restrictions on Russian oil products took effect.

    • Russian rescuers to fly to Syria and Turkey after huge earthquake

      • BY Reuters|
      • Non-Eurozone , Russia , Turkey |
      • 04:42 AM ET 02/06/2023

      Russian rescue workers will fly to Syria and Turkey after a huge earthquake killed about 1,700 people and injured thousands more, the Kremlin said on Monday. President Vladimir Putin spoke by phone with Syrian leader Bashar al-Assad and Turkey's Tayyip Erdogan to express his condolences over the death and destruction wrought by the magnitude 7.8 quake, the worst to strike Turkey this century.

    • Russian rouble recovers after clipping near one-month low vs dollar

      • BY Reuters|
      • Non-Eurozone , Russia |
      • 02:51 AM ET 02/06/2023

      The Russian rouble steadied on Monday, recovering after slipping to a four-week low against the dollar in early trade, as the market prepared for Moscow to increase its foreign currency sales and new restrictions on Russian oil products took effect.

    • G7's new petroleum price caps to degrade Russia's war campaign -Yellen

      • BY Reuters|
      • Non-Eurozone , Russia |
      • 05:11 PM ET 02/03/2023

      Western economies agreed new price caps on Friday on Russia's exports of oil products that U.S. Treasury Secretary Janet Yellen said would build on the crude oil cap set in December and further limit Russian oil revenues while keeping global energy markets supplied.

    • German exports drop 6.3% in Dec, suggesting slowing economy

      • BY Reuters|
      • Non-Eurozone , Russia , Eurozone , Germany |
      • 05:37 AM ET 02/02/2023

      * Massive decline in exports points to challenging year -DIHK. * Germany's trade surplus fell for the fifth consecutive year. * Imports from Russia rose to a total of 35.3 billion euros. By Maria Martinez.

    • Russian rouble weakens ahead of three government bond auctions

      • BY Reuters|
      • Non-Eurozone , Russia |
      • 02:30 AM ET 02/01/2023

      The Russian rouble weakened on Wednesday, paring some of the gains made late in the previous session, amid the reduced supply of foreign currency by exporters and ahead of three government debt auctions. At 0721 GMT, the rouble was 0.7% weaker against the dollar at 70.28 and had lost 0.6% to trade at 76.37 versus the euro.

    • Western tankers ramp up Russian oil shipments under price cap

      • BY Reuters|
      • Non-Eurozone , Russia |
      • 09:03 PM ET 01/31/2023

      Western oil tankers ramped up their shipments of Russian crude in January as prices for Moscow's flagship Urals grade held below an international price cap, according to market sources and Eikon data.

    • Russian rouble recovers from more than 3-week low vs dollar

      • BY Reuters|
      • Non-Eurozone , Russia |
      • 10:26 AM ET 01/31/2023

      The rouble recovered from hitting a more than three-week low near 71 against the dollar on Tuesday, as the Russian currency traded after a favourable month-end tax period and foreign currency interventions offered only limited support.

    • Russian rouble hits more than 3-week low near 71 vs dollar

      • BY Reuters|
      • Non-Eurozone , Russia |
      • 03:11 AM ET 01/31/2023

      The rouble slipped to a more than three-week low near 71 against the dollar early on Tuesday, as the Russian currency traded after a favourable month-end tax period and foreign currency interventions offered only limited support.

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