Category: RUB

Russian Ruble News and Analysis from varies Financial media, we summarize all RUB news into a sitemap summary with link to related RUB News for the one who wanted to catch up Russian Ruble price change in timely manner.

Stocks hit a two-week high, as Belarus bonds slide

Stocks of emerging markets hit a two-week high on Tuesday, as global inflation fears receded, while Belarusian bonds extended decline in the face of fresh sanctions from the EU after the forced landing of a flight to arrest…

Bank of Russia Plans to Pilot Digital Ruble in 2021 End

The Bank of Russia is planning to launch a prototype of its central bank digital currency (CBDC) and start piloting as early as the end of 2021, the monetary regulator’s deputy chairman, Alexey Zabotkin, revealed.While speaking at an online event hosted by the Russian Economic School, Zabotkin said that the central bank is planning to complete the…

Russia’s TCS Group net profit up as it expands non-banking business

MOSCOW — TCS Group Holding posted on Thursday a 22% increase in net profit last year, a record high as the Russian bank said the number of non-credit product customers exceeded those seeking credit for the first time.Like Russia’s top bank Sberbank, TCS is shiftinng away from pure banking to offer customers a wide range of other services, from…

Russian Court Orders Mining Firm Cryptouniverse to Face New Trial on Fraud

A major Russian mining firm is facing legal troubles in St. Petersburg, as three individuals are accusing the company of fraud. Cryptouniverse will now face a trial after a city court issued a criminal case order during the week.A District Court Rejected to Launch a Criminal Case Against the Firm in 2020According to RBC, the St. Petersburg City Court…

Russia to present new concept of national digital currency – Central Bank

After discussing the launch of the digital ruble with local banks, the country’s financial watchdog says it will present a more detailed concept for the national digital currency by summer. The head of the Central Bank of Russia, Elvira Nabiullina, said on Thursday that the regulator received detailed feedback from the banking community in its October report, in which the regulator introduced the digital ruble as a possible new form of national currency

Exness Hires eFX Veteran Damian Bunce as Chief Trading Officer

Exness, a brokerage group operating in multiple markets, has announced the appointment of Damian Bunce, a well-known excerpt of electronic forex, as its new Chief Trading Officer.The press release shared with Finance Magnates detailed that Bunce will focus on managing the market making and liquidity provider business, which will help the group to enhance its core brokerage function

Does Robinhood owe too much to its rich backers?

Robinhood is the amateurs’ share trading platform at the heart of the attempt by an army of small investors to outsmart Wall Street by buying shares in companies such as GameStop, costing hedge funds billions in the process.The company has upset the applecart of US stock investing by waiving the commission that traditional brokers charge customers to play the markets

New Book Sees A ‘New Possible’ Emerging From 2020’s Tumult

SAN RAMON, Calif.: In pop culture, 2020 has been understandably reviled as the hell year. It tormented us with a lethal pandemic spiraling out of control, thousands of shuttered businesses, violent protests over racial injustice, raging wildfires and political extremism and lies that underpinned January’s harrowing coup attempt at the U

SpaceX Reportedly Violated FAA Launch License in December Fireball Test

Elon Musk's SpaceX reportedly violated the terms of its license during an ill-fated test launch of its Starship spacecraft, potentially delaying the company's efforts to continue testing the massive spaceship that Musk eventually hopes to use on a mission to Mars. The Starship in a December launch achieved its goal of a vertical eight mile climb, but blew up in a spectacular fireball on its return to Earth

Wealth creation guru allegedly used banned lawyer father in $1.2 million Mehajer loan

Mehajer, a shareholder in the Mehajer Bros Pty Ltd company accepting the loan from Unity Funding, is one of Sydney’s most controversial property developers and a former deputy mayor of Auburn. He is named in legal documents as a guarantor for the loan.Mehajer Bros was placed under external administration in November 2018

Jeff to open 30 laundry hubs in PH

Spanish startup Jeff has started to make its mark in the Philippines, with its first footprint through a convenient home laundry and dry-cleaning app and delivery service that helped keep Filipinos safe at home instead of heading for a laundromat.  By using the app, customers can choose the exact location, time, and day of pick up; a driver proceeds to get the items and delivers them cleaned and folded or ironed in just 48 hours

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