TCI Free Press

Main Menu

  • Home
  • Press freedom
  • Press conference
  • Press minister
  • Press briefing
  • Press funding

TCI Free Press

TCI Free Press

  • Home
  • Press freedom
  • Press conference
  • Press minister
  • Press briefing
  • Press funding
Press conference
Home›Press conference›Ruble hits highest in month ahead of Putin press conference

Ruble hits highest in month ahead of Putin press conference

By Mollie M. Molyneux
December 23, 2021
0
0
Share:

MOSCOW, Dec.23 (Reuters) – The ruble hit its highest level in more than a month against the dollar on Thursday, ahead of President Vladimir Putin’s annual press conference, amid lingering concerns over a standoff between Russia and the West on Ukraine’s NATO aspirations.

At 0901 GMT, the ruble was up 0.6% against the dollar at 73.29, reaching 73.1850 earlier, its highest value since November 22.

It gained 0.8% to trade at 82.89 against the euro, a more than a week high.

Register now for FREE and unlimited access to Reuters.com

Register

Russia has moved tens of thousands of troops near its border with Ukraine, but has rejected Ukrainian and US accusations that it could invade as early as next month, while saying it would be forced to act if the Western powers do not cease military cooperation with its neighbors. Read more

“On the geopolitical front, the West and Russia are holding out, even intensifying the war of words; however, the headlines have brought a silver lining – the United States has signaled its willingness to start talks with Russia next month, ”BCS Global Markets said in a note. Read more

Risk appetite has also improved, with investors more optimistic about the global economic recovery after Wednesday’s data showed a better-than-expected increase in U.S. consumer confidence and some concerns about the severity of the downturn. the variant of the Omicron coronavirus have attenuated. Read more

The ruble could test the level of 73 against the greenback on Thursday, analysts at Promsvyazbank said. A fiscal period that typically prompts export-oriented companies to convert their foreign exchange earnings into rubles to meet local debts also supports the currency, they said.

Brent crude oil, a global benchmark for Russia’s main export, fell 0.3% to $ 75.10 a barrel after hitting a 10-day high.

Russian stock indices were mixed.

The RTS index (.IRTS) denominated in dollars was unchanged at 1,602.0 points. The ruble-based Russian MOEX index (.IMOEX) was down 0.5% to 3,726.7 points.

For the guide to Russian stocks, see

For Russian treasury bills, see

Register now for FREE and unlimited access to Reuters.com

Register

Reporting by Alexander Marrow; Editing by Subhranshu Sahu

Our Standards: Thomson Reuters Trust Principles.

Tagspress conferenceunited states
Previous Article

WATCH LIVE: Mark McGowan press conference today ...

Next Article

Christmas morning UK press briefing: top Telegraph ...

0
Shares
  • 0
  • +
  • 0
  • 0
  • 0
  • 0

Related articles More from author

  • Press conference

    Chelsea press conference LIVE: Thomas Tuchel on Everton, Covid case, Lukaku, Werner, Havertz

    December 16, 2021
    By Mollie M. Molyneux
  • Press conference

    Nick Kyrgios post-match press conference moment goes viral, Ben Rothenberg

    January 30, 2022
    By Mollie M. Molyneux
  • Press conference

    Sunderland AFC transfer news LIVE: Lee Johnson and Jermain Defoe press conference final as Sunderland consider January fifth signing

    January 28, 2022
    By Mollie M. Molyneux
  • Press conference

    Press conference: Willem Dafoe talks about Nightmare Alley

    December 16, 2021
    By Mollie M. Molyneux
  • Press conference

    Friday morning press conference discusses medical freedom and vaccine mandates

    December 10, 2021
    By Mollie M. Molyneux
  • Press conference

    Hackers interrupt Catholic Charity’s online press conference on Ukraine | National Catholic Register

    March 1, 2022
    By Mollie M. Molyneux

  • Press freedom

    World Press Freedom Day, Tourism Event and Other Topics – PGA Spokesperson Briefing

  • Press freedom

    India beats press freedom and journalists in occupied Kashmir – Reuters

  • Press briefing

    African American Political Forum Hosts Press Conference with Sullivan County Licensed Professor Matthew Hawn | WJHL

  • Privacy Policy
  • Terms and Conditions