Arab Today, arab today ruble stocks rise as world oil prices grow
Last Updated : GMT 06:51:55
Arab Today, arab today
Arab Today, arab today

Ruble, stocks rise as world oil prices grow

Arab Today, arab today

Arab Today, arab today Ruble, stocks rise as world oil prices grow

Moscow - Ria Novosti

The ruble regained some of its losses earlier this week on Thursday amid a positive external background and higher world oil prices. The ruble exchange rate grew 13 kopecks against the dollar to 32.51 on Thursday in MICEX trade as of 11:30 Moscow time. The value of the bi-currency basket, comprising $0.55 and 0.45 euros, fell 4 kopecks to 37.37 rubles as of 10:01 a.m. Moscow time. Global prices for Brent crude grew to $102.40 per barrel on Thursday from nearly $101.50 on Wednesday, supporting the Russian currency which heavily depends on international oil price fluctuations. Market watchers were not convinced, however, that the ruble\'s fortunes had reversed for long. \"Investors will want to hear from the European Central Bank that, like the US Fed, it is considering market support, and also a good payrolls report in the US tomorrow before allowing themselves that optimistic indulgence. Today\'s gains will therefore be more of a trader\'s mark-up than a genuine buyer\'s move,\" Troika Dialog said in its research note. The Russian ruble-denominated RTS stock index grew 3.57 percent to 1,260.64 by 11:31 Moscow time, while the index of the dollar-denominated MICEX exchange went up 3.97 percent to 1,315.95. In Europe, the FTSE100 rose 0.64 percent to 5,020.72, the DAX grew 0.99 percent to 5,527.01, the CAC40 went up 1.23 percent to 3,010.55 as of 11:32 Moscow time. \"The main investor focus today will be the ECB policy meeting and, in particular, the after-meeting press conference. ECB President Jean-Claude Trichet, now in his last month before retiring, will be pressed to comment on the ECB\'s position concerning the possibility of adding additional stimuli to the regional economy and how it sees the threat level to solvency in the banking sector,\" Troika Dialog said.

arabstoday
arabstoday

GMT 21:25 2017 Wednesday ,24 May

Egypt bourse rebounds at beginning of trading

GMT 03:39 2017 Wednesday ,24 May

Saudi stocks drag lower before Ramadan

GMT 05:41 2017 Tuesday ,23 May

Tadawul index stays almost flat

GMT 20:24 2017 Saturday ,20 May

US Stocks Close Higher

GMT 17:28 2017 Thursday ,18 May

Saudi stocks rise in heavy trading

GMT 21:37 2017 Wednesday ,17 May

US Stocks Close Mixed

GMT 04:58 2017 Wednesday ,17 May

Tadawul index gains 0.7%
View News in Arabic - Business: أسواق مالية
Arab Today, arab today
Arab Today, arab today

Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

Arab Today, arab today ruble stocks rise as world oil prices grow Arab Today, arab today ruble stocks rise as world oil prices grow

 



Arab Today, arab today

Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

Arab Today, arab today ruble stocks rise as world oil prices grow Arab Today, arab today ruble stocks rise as world oil prices grow

 



Arab Today, arab today France defies terrorism through tourism

GMT 15:18 2017 Saturday ,20 May

France defies terrorism through tourism
Arab Today, arab today Mai Al-Jeddawi presents décor ideas for Ramadan
Arab Today, arab today Sally Shaheen considers hosting a political show

GMT 21:25 2017 Wednesday ,24 May

Egypt bourse rebounds at beginning of trading

GMT 03:39 2017 Wednesday ,24 May

Saudi stocks drag lower before Ramadan

GMT 05:41 2017 Tuesday ,23 May

Tadawul index stays almost flat

GMT 20:24 2017 Saturday ,20 May

US Stocks Close Higher

GMT 17:28 2017 Thursday ,18 May

Saudi stocks rise in heavy trading

GMT 21:37 2017 Wednesday ,17 May

US Stocks Close Mixed

GMT 04:58 2017 Wednesday ,17 May

Tadawul index gains 0.7%
View News in Arabic - Business: أسواق مالية
Arab Today, arab today
Arab Today, arab today
Arab Today, arab today
Arab Today, arab today
 
 Arab Today Facebook,arab today facebook  Arab Today Twitter,arab today twitter Arab Today Rss,arab today rss  Arab Today Youtube,arab today youtube  Arab Today Youtube,arab today youtube
arabstoday arabstoday arabstoday arabstoday
arabstoday arabstoday arabstoday
arabstoday
بناية النخيل - رأس النبع _ خلف السفارة الفرنسية _بيروت - لبنان
arabstoday, Arabstoday, Arabstoday