A new trading platform allowing foreign investors to execute trades on the rouble-denominated Micex exchange without pre-depositing the cash or stock first, has been launched.
Otkritie, one of Russia's largest brokers, has launched the platform, which allows investors to trade using 'direct market access' (DMA), a means for them to get access to the exchange [...]

Instability in the euro zone has resulted in decreased demand for high-yielding currencies such as the rouble - but the Russian currency remains one of the stronger commodity currency choices.
After the weekend the rouble was down two kopecks to 34.57 when compared to the euro/dollar basket. Despite this, bank chiefs at ING Moscow say the [...]

Positive figures just released by Sberbank have been offered by banking chiefs as evidence of the bank’s return to profitability.
The significant increase in quarterly profits are believed to be the result of cost cutting by Sberbank, and a fall in provisions against bad loans.
The net profits reported by the state-controlled bank of 43.5 billion roubles [...]

The rouble recovered on Monday due to stable oil prices, profit taking and local tax payments. However, market participants predict the currency’s volatility to continue in the midst of global financial issues.
Against the euro-dollar basket, the rouble gained 41 kopecks on Monday to 34.78. Against the dollar, the rouble was up 13 kopecks to 31.05 [...]

The International Monetary Fund (IMF) has predicted a modest recovery for the Russian economy next year, with growth of 3.5 per cent, but warned that credit expansion would be heavily pressurised by bad bank loans.
Russia came out of recession in the third quarter, with a growth rate of 0.6 per cent, quarter-on-quarter. The rouble is [...]

The rouble was stable in early trade on Tuesday, bolstered by a 16-month high versus the euro-dollar basket on Monday and strong oil prices.
At 6.40 GMT this morning, the rouble was trading at 33.46 versus the euro-dollar basket, little changed from yesterday’s close and very near the presumed intervention level of the Russian central bank.
As [...]

The rouble continued on its upward trend today, recovering the losses of Monday, as oil prices and stock values strengthened and exporters prepared to make rouble tax payments.
At 6.30am GMT, the rouble had strengthened by 8 kopecks to reach 33.67 against the euro-dollar basket, nearing the 16-month high of 33.60 that it hit last week.
A [...]

The rouble came under pressure on Monday following two bomb blasts on the Moscow underground system, which sparked risk aversion amongst traders and increased demand for perceived safer assets, including dollars.
The explosions happened during rush hour on two packed Moscow trains, killing at least 37 commuters and wounding 33.
In early morning trading, the [...]

The rouble hit a fresh multi-month peak today, in line with its almost daily trend of doing so, in expectation of a rate cut by the Russian central bank.
At 7.41 GMT, the currency was trading at 33.92 versus the euro-dollar basket, its highest level since the end of December 2008. This is only 2 kopecks [...]

With oil prices rising back above the US$80 mark today, the rouble recovered almost half of the losses it made on Monday.
Dealers are warning, however, that it may take time for the currency to recover the same degree of momentum it has experienced recently.
At 9am this morning, the rouble was trading at 34.14 versus the [...]