abobank in London, said he sees the ruble weakening to 70 in the coming days and possibly falling further to 75 against the greenback. Its hard to imagine oil trading above $40 per barrel after the news from Doha, according to Evgeny Koshelev, an analyst at SocGens Rosbank PJSC unit in Moscow. We
Date: Apr 18, 2016
Category: Business
Source: Google
Russia Introduces FX Facility to Support Ruble Amid Debt Payment
Foreign currency loans can help form a pool of availablemedium-term liquidity, which can be used for repayment ofexternal debt, Evgeny Koshelev, an analyst at Rosbank inMoscow, said in an e-mailed note. Thus it increases theprobability of the ruble stabilizing in the short term around 50per