Arab Today, arab today business russian ruble continues slide vs dollar on lingering euro debt worries
Last Updated : GMT 00:07:53
Arab Today, arab today
Arab Today, arab today

Business Russian ruble continues slide vs dollar on lingering euro debt worries

Arab Today, arab today

Arab Today, arab today Business Russian ruble continues slide vs dollar on lingering euro debt worries

Moscow - Ria Novosti

The Russian ruble continued to slide against the U.S. dollar while Russian stocks were trading slightly higher on Wednesday amid investors’ lingering concerns of sovereign debt problems in the eurozone countries. The ruble is strengthening against the euro and falling against the U.S. dollar, reflecting trends on the global foreign exchange market where the single European currency fell to an 11-month low against the greenback on concerns that European leaders would be unable to resolve the eurozone debt crisis quickly and a warning by S&P to cut EU sovereign ratings in the coming days. “Last week, the agency warned that it intended to wait for the results of the EU summit and make corresponding conclusions for Europe’s prospects. However, the summit disappointed the markets as a whole and opinions in Europe continue to be split despite the adoption of some agreements while the short-term prospects of the European economies remain exposed to many risks,” Investcafe analyst Anna Bodrova said. As of 12:13 p.m. Moscow time (08:13 GMT), the ruble gained 35 kopecks against the euro to 41.3980 and fell by 12 kopeks against the dollar to 31.7665. The value of the bi-currency basket, comprising $0.55 and 0.45 euros fell by 7 kopecks to 36.0845. The euro was trading at 1.30 to the dollar on the MICEX. The MICEX index was up 1.75 percent to 1,388.95 while the RTS index gained 0.35 percent to 1,392.01. Moody’s Investors Service warned on Tuesday it might review the ratings of all European Union nations already in the first quarter of 2012 after last week’s summit failed to produce \"decisive policy measures.” \"Amid the increasing pressure on euro area authorities to act quickly to restore credit market confidence, the constraints they face are also rising. The longer that remains the case, the greater the risk of adverse economic conditions that would add to the already sizable challenges facing the authorities\' coordination and debt reduction efforts,\" Moody’s said in a statement.

arabstoday
arabstoday

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 business russian ruble continues slide vs dollar on lingering euro debt worries Arab Today, arab today business russian ruble continues slide vs dollar on lingering euro debt worries

 



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 business russian ruble continues slide vs dollar on lingering euro debt worries Arab Today, arab today business russian ruble continues slide vs dollar on lingering euro debt worries

 



Arab Today, arab today
Arab Today, arab today Youssra depended on colored foam

GMT 16:53 2017 Tuesday ,05 September

Youssra depended on colored foam
Arab Today, arab today EasyJet, Lufthansa among seven to bid

GMT 06:49 2017 Tuesday ,17 October

EasyJet, Lufthansa among seven to bid
Arab Today, arab today Etiquette expert underlines importance of gifts

GMT 17:52 2017 Sunday ,03 September

Etiquette expert underlines importance of gifts
Arab Today, arab today Israeli court convicts Palestinians of 2016

GMT 04:39 2017 Tuesday ,17 October

Israeli court convicts Palestinians of 2016
Arab Today, arab today Iran's Facebook shuts down

GMT 23:50 2017 Monday ,16 October

Iran's Facebook shuts down
Arab Today, arab today
Arab Today, arab today
Arab Today, arab today Sidem reveals plan to improve education

GMT 15:52 2017 Friday ,06 October

Sidem reveals plan to improve education
Arab Today, arab today British actress becomes fifth woman

GMT 18:15 2017 Monday ,16 October

British actress becomes fifth woman
Arab Today, arab today Three killed, 360,000 without power

GMT 05:11 2017 Tuesday ,17 October

Three killed, 360,000 without power
Arab Today, arab today The history of solar eclipses

GMT 05:16 2017 Sunday ,20 August

The history of solar eclipses
Arab Today, arab today Mercedes says recalls 400,000 UK cars

GMT 06:56 2017 Tuesday ,17 October

Mercedes says recalls 400,000 UK cars
Arab Today, arab today Britain's Vauxhall to cut 400 jobs

GMT 10:53 2017 Sunday ,15 October

Britain's Vauxhall to cut 400 jobs
Arab Today, arab today Anoshka happy for reactions to her talk show

GMT 12:33 2017 Friday ,13 October

Anoshka happy for reactions to her talk show
Arab Today, arab today India to close colonial-era military farms

GMT 18:49 2017 Monday ,16 October

India to close colonial-era military farms

GMT 10:55 2017 Thursday ,12 October

Safaa Sultan happy for “Love School”

GMT 10:37 2017 Thursday ,12 October

Cara Delevingne accuses Weinstein

GMT 16:53 2017 Saturday ,02 September

Mai importance of gifts during Eid Al-Adha

GMT 12:02 2017 Saturday ,14 October

Conservation cutbacks put Brazil's

GMT 10:46 2017 Saturday ,05 August

Nanis reveals simple ideas for home renovation

GMT 12:25 2017 Saturday ,14 October

Squeeze on UK health gives advanced

GMT 07:02 2017 Sunday ,15 October

German minister sparks uproar

GMT 17:12 2017 Monday ,07 August

Al-Shawaifi reveals secrets of total solar eclipse

GMT 03:59 2017 Sunday ,15 October

US mobile carriers Sprint, T-Mobile to merge

GMT 11:37 2017 Saturday ,12 August

Fashion designer reveals her new collection
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