Ruble rises against euro and dollar

The ruble has remained strong in recent months due to limited require from importers, which are already grappling with the effects of the sanctions on Moscow. Putin recognizes independence of Zaporozh…

Need fixed peg to boost rupee-rouble trade: SBI

In principle, exchange rate fluctuation has to be accounted for by the RBI to make the scheme successful, Ghosh said.Speaking to TOI, SBI group chief economist Soumya Kanti Ghosh said that neither th…

Pakistan eyes ruble trade with Russia – TASS

The 1,100km (683-mile) pipeline connecting Russia and Pakistan was agreed in 2015.Then-Pakistani Prime Minister Imran Khan met with Russian President Vladimir Putin in February to discuss ways to expa…