Sunday, April 26, 2015   

Russia backed rouble with US$11.3b
(03-05 15:23)

Russia sold a record US$11.3 billion in foreign currency to support the rouble on March 3, the so called “Black Monday'' when the currency came under unprecedented pressure due to concerns about conflict in Ukraine, central bank data show.
The Russian central bank sold foreign currency to buy rubles and prevent the Russian currency from falling further, after the market reacted with panic to parliamentary approval for President Vladimir Putin's request to allow military action in Ukraine.—AFP
   
Other Business breaking news:
EU clears 19 genetically modified products (04-24 20:33)
China sales lift Astra Zeneca revenue (04-24 20:33)
Greece sells gambling operation (04-24 20:29)
European stocks higher awaiting Greek update (04-24 20:27)
Sui Yang named alternate chief executive at BoC HK (04-24 18:28)
Athens stocks leap by 4.4pc on hopes of EU deal (04-24 18:11)
HSBC ponders head office location (04-24 17:38)
Hang Seng breaks through 28,000 (04-24 16:35)
Nikkei closes in negative territory (04-24 14:36)
US crude falls to US$57.42 in Asian trade (04-24 14:28)

More breaking news >>

© 2015 The Standard, The Standard Newspapers Publishing Ltd.
Contact Us | About Us | Newsfeeds | Subscriptions | Print Ad. | Online Ad. | Street Pts

 


Home | Top News | Local | Business | China | ViewPoint | CityTalk | World | Sports | People | Central Station | Spree | Features

The Standard

Trademark and Copyright Notice: Copyright 2015, The Standard Newspaper Publishing Ltd., and its related entities. All rights reserved.  Use in whole or part of this site's content is prohibited.   Use of this Web site assumes acceptance of the
Terms of Use, Privacy Policy Statement and Copyright Policy.  Please also read our Ethics Statement.