Russian Ruble Weakens Against U.S. Dollar Following Alexei Navalny's Death

RTTNews | 419 gün önce
Russian Ruble Weakens Against U.S. Dollar Following Alexei Navalny's Death

(RTTNews) - The Russian ruble fell against the U.S. dollar on Friday, following the death of jailed opposition leader Alexei Navalny in an Arctic Circle jail.

The authorities said that Navalny had "felt unwell" after a walk and had "almost immediately lost consciousness."

The emergency doctors declared that the prisoner has died and the cause of death is being established.

Russia's central bank decision to leave the key interest rate unchanged also weighed on the currency.

The board of directors of Bank of Russia, headed by Elvira Nabiullina, decided to hold the key rate at 16.00 percent.

The Russian ruble touched 93.48 against the greenback, its lowest level since December 7. The currency is likely to face support around the 102.00 region, if it falls again.

read more
Bay Street Likely To Open Lower

Bay Street Likely To Open Lower

Lower Canadian and U.S. futures, and weak crude oil prices point to a negative start on Bay Street Thursday morning. The focus this morning will be on U.S. consumer price inflation data, which could give some clues about the Federal Reserve's interest rate move in its next meeting.
RTTNews | 21 dakika önce
Philippine Central Bank Trims Key Rates By 25 Bps

Philippine Central Bank Trims Key Rates By 25 Bps

The Philippine central bank resumed its policy easing on Thursday, by cutting the rates by a quarter-point to address the challenges posed by trade tariffs. The Monetary Board of the Bangko Sentral ng Pilipinas decided to reduce the Target Reverse Repurchase rate by 25 basis points to 5.50 percent. The interest rates on the overnight deposit and lending facilities were accordingly reduced.
RTTNews | 1s 0 dakika önce
FTSE 100 Up Sharply As Stocks Rally On U.S. Tariff Pause

FTSE 100 Up Sharply As Stocks Rally On U.S. Tariff Pause

U.K. stocks got off to a rousing start on Thursday, lifted by strong global cues following U.S. President Donald Trump announcing a 90-day pause of reciprocal tariffs on most U.S. trade partners, excluding China, to facilitate renewed trade negotiations.
RTTNews | 1s 44 dakika önce
Tesco Stock Down On Weak Pre-tax Profit In FY25, Cautious Outlook

Tesco Stock Down On Weak Pre-tax Profit In FY25, Cautious Outlook

Shares of Tesco Plc were losing around 6 percent in the morning trading on the London Stoock Exchange after the British retail major reported Thursday lower pre-tax profit in fiscal year 2025 and issued a cautious outlook for fiscal 2026 adjusted operating profit. However, net profit in the year climbed from last year, with growth in revenues, and the firm lifted dividend and announced...
RTTNews | 2s 19 dakika önce
CAC 40 Up Sharply On Trump's Tariff Pause Announcement

CAC 40 Up Sharply On Trump's Tariff Pause Announcement

French stocks are high up in positive territory on Thursday with U.S. President Donald Trump's announcement of a 90-day suspension of reciprocal tariffs for most trading partners, excluding China, buoying up sentiment and prompting investors to indulge in hectic buying across the board.
RTTNews | 2s 28 dakika önce
DAX Up Over 5% Despite Coming Off Early Highs

DAX Up Over 5% Despite Coming Off Early Highs

German stocks are up sharply on Thursday with investors going on a buying spree after U.S. President Donald Trump announced a 90-day suspension of reciprocal tariffs for most U.S. trade partners, except China, to facilitate renewed trade negotiations.
RTTNews | 3s 13 dakika önce