The Russian ruble reached its strongest level in 7 years despite the sanctions

A 1 Russian ruble coin and a Russian flag are displayed on the display on this a number of publicity illustration taken in Krakow, Poland on March 8, 2022. Jacob Borzeki | Norfoto | Getty Photographs The Russian ruble hit 52.3 towards the greenback on Wednesday, up almost 1.3% from the day past and the … Read more

The Federal Reserve raises interest rates, oil prices and currencies

SINGAPORE – Asia-Pacific markets rebounded on Thursday to trace US shares after the Federal Reserve raised benchmark rates of interest by 75 foundation factors in a transfer equalizing Greatest rise since 1994. The constructive strikes got here on the heels of markets faltering earlier this week after preliminary information of a robust transfer by the … Read more