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  • (News by tags)
    Russia Enforces Stricter Currency Exchange Rules

    The Central Bank of Russia has implemented a new rule for foreign exchange.

    ...ge rules for everyone in the country. Effective Sunday, December 27 the buy and sell of anything above the amount of 15,000 rubles, which is about $207 U.S. dollars as of December 29 will now require customer identification and the bank to fill in a fo...

    Tags: currency exchange,foreign currency,russia,rubles,currencies,central bank of russia,economy,money

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    What Impact Does China Have On Other Currencies

    The Chinese Yuan devaluation is shocking. Check out which foreign currencies are being hit hardest.

    ...by slowdown in Chinese growth, which would cause a reduction in the demand for commodities by the Asian giant. Russia's ruble fell to seven month lows hit by the drop in crude prices, down 2.6% amid the broader selloff. And has collapsed 3% to trad...

    Tags: currency,currency exchange,money,economy,finance,china,yuan,russia,ruble,south africa,rand,canada,dollar,turkey,lira,norway,kroner,australia

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    Russia Stops Foreign Currency Purchases In Push For Relief

    Russia’s central bank halted purchases of foreign currency. Here's what you need to know.

    ...djusting the volume of purchases," the central bank said in an e-mailed statement. The central bank, which allowed the ruble to trade freely last year, has bought about $10 billion since resuming currency purchases on May 13. The Bank of Russi...

    Tags: currency,currency exchange,foreign currency,money,cash,central bank,rubles,russia,travel