Found: 118

The Central Bank of Russia acquires the Saint Petersburg Currency Exchange: goals, consequences and prospects

... factors and increase the independence of the currency market. Why did the Central Bank buy SPCE? The main purpose of acquiring the Saint Petersburg Currency Exchange is to create a full-fledged Russian platform for trading foreign currency. Under current sanctions, access to international currency platforms is becoming limited, and therefore the need for its own infrastructure is increasing. The purchase of the Saint Petersburg Currency Exchange allows the Central Bank to create an independent system that can support currency ...

Energy Sector News – Thursday, July 31, 2025: Brent Exceeds $72; US Fed Keeps Rate Unchanged

... Overall, European gas prices are currently significantly lower than the crisis peaks of 2022; however, any supply disruptions or an early cold spell in the fall could once again heighten volatility. Global Agreements and Policy: Trade De-escalation and Sanction Pressures In international affairs, a significant recent development has been the U.S.-EU trade and energy deal, accompanying enhanced sanctions pressures on Russia. Washington and Brussels have crafted agreements aimed at preventing a new trade war: mutual understanding ...

Import of Russian Diamonds to India Falls by 25 Times: What Does This Mean for Investors?

... Tereshkin, CEO of Open Oil Market: " The sharp decline in Russian diamond exports to India reflects the profound impact of sanctions on the Russian economy, particularly in specialized sectors such as diamond mining and export. In my view, this situation ... ... conditions. For investors, this situation should serve as a signal for caution. The stock prices of companies reliant on exports to international markets may be subject to significant fluctuations. ALROSA's transition to new markets presents a potential strategic ...

What will be the ruble to dollar exchange rate at the end of the year?

... support measures from the Bank of Russia. SberCIB Investment Research forecasts the exchange rate at 95 rubles per dollar, relying on high interest rates in Russia, which make the ruble attractive for short-term investments. However, factors such as sanctions and international instability may increase pressure on the ruble. Independent analysts suggest the exchange rate in the range of 98-100 rubles per dollar if demand for Russian export goods decreases and sanctions are strengthened. In such a scenario, the ...

Energy Sector News August 8, 2025 — U.S. Pressures India, Gasoline Export Ban, Oil Stabilization

... pipeline has been rendered inoperative following diversions in 2022, while the “Yamal-Europe” pipeline is unused due to sanction disputes between Russia and the West. Record LNG Imports: the share of liquefied natural gas in the EU's imports has ... ... working at high capacity, replacing the lost volumes of pipeline gas. Local Solutions: within Russia, Gazprom is optimizing internal logistics: for example, after brief pauses, gas supplies to the Kaliningrad region via Lithuania have resumed, and a ...