Saudi Arabia will cut oil supplies for nine buyers from Europe and Asia. It has happened after the kingdom voluntarily agreed to cut production by one million barrels per day in February and March. The...

The Russian Ministry of Finance announced the start of the purchase of foreign currency from January 15th. It is planned to spend 106.3 billion rubles until the February 4, which means 7.1 billion per day....

According to “the Big Mac Index”, the most undervalued currency in the world is the Russian ruble. Experts have found that the dollar rate is overestimated against the ruble: the American currency should not cost...

The euro exchange rate has fallen below 90 rubles in the trading session on January 12 and it has made a record since January 4, according to trade data. At the time of publication of...

According to CNBC, three largest US banks - JPMorgan Chase, Goldman Sachs and Citigroup - temporarily refused to donate their own funds and employees' money to American politicians, regardless of their party affiliation. This decision...