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Currencies

Russian Central Bank rejects capital controls as ruble hits lowest level since 1998
​The ruble slid to a new record low of 39.71 against the dollar Tuesday. The Russian Central Bank has been quick to quash fears it would re-introduce capital controls to limit the amount of foreign currency purchases, or even moved outside the country.

01.10.2014 07:38

Stock markets, Sterling rejoice as Scotland votes ‘No’
European stocks rallied to a 6½-year high after Scotland rejected independence in favor of unity, with London’s FTSE 100 Index reaching a 14-day high. The UK pound rallied to a 17-day high.

19.09.2014 06:42

Independent Scotland ‘could take years’ to join EU - Spanish PM
Scotland’s hopes of joining the European Union as an independent state were cast into doubt when Spain’s prime minister, Mariano Rajoy, said it could take years for it to be integrated.

17.09.2014 12:14

​‘What’s left is us’: Final-day push before historic Scottish independence vote
Campaigners on both sides of Scotland's independence referendum are trying to sway over 4 million registered voters in a last-day push before the historic vote gets underway.

17.09.2014 09:23

Scottish independence referendum
Scottish voters have said ‘No’ to independence from UK.

17.09.2014 09:01

Ruble hits record low as West waits for Russia's response to sanctions, oil recedes
The Russian ruble fell to a new record low against the US dollar, passing the 38 units to the dollar benchmark, after the EU and US rolled out new sanctions paired with dropping oil prices. Investors are uneasy on what Russia’s response will be.

15.09.2014 08:33

​EU to give Ukraine another €8bn to help reform
The European Union is to provide Ukraine with €8 billion to carry out reforms, the President of the European Parliament Martin Schulz said Friday.

12.09.2014 13:45

‘First foray into bitcoin’: eBay's PayPal unit to start accepting virtual currency
EBay has announced that Braintree, the payment processor subsidiary of the world’s largest web marketplace, has “embraced” bitcoin and will begin accepting the digital currency as payment.

09.09.2014 14:20

Scottish independence: Turn off, tune in, drop out?
With less than two weeks to go to a Scottish referendum on independence from the United Kingdom, the number of voters indicating that they will vote ‘yes’ to independence has surged ahead for the first time, with 51% for as compared to 49% against.

09.09.2014 10:24

‘Ludicrous to use 19th-century tools in globalized market to punish Russia’
The US and the EU are no longer in a position to make grandiose, unconditional threats of imposing new sanctions on Russia, as such a move will negatively reflect on stock markets around the world, US republican politician John Griffin told RT.

09.09.2014 03:04

​Argentina to get $1bn in currency swap with China before end of 2014
Argentina will receive the first tranche of yuan worth up to $1 billion in a massive currency swap with China before the end of this year. The deal will boost the troubled economy’s foreign reserves.

08.09.2014 07:06

Scottish independence: Sterling pounded on back of ‘yes’ surge
Surging support for Scottish independence saw the pound fall to a 10-month low. The head of the ‘Better Together’ campaign, however, denies panic among the ranks despite a plan to grant Scotland more powers if Scots reject independence.

08.09.2014 08:17

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