Thursday, September 3, 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:
European equities rally (09-03 15:23)
Nikkei closes higher (09-03 14:36)
French jobless rate unchanged at 10.3pc (09-03 14:35)
Nikkei rebounds (09-03 10:50)
Wall Street bounces back (09-02 21:44)
US businesses add 190,000 jobs in August (09-02 21:25)
Asia props up Lego profits (09-02 21:23)
Wild swings in European equities (09-02 20:43)
Shell determined to get benefits of Arctic oil, despite opposition (09-02 17:59)
European benchmarks rebound, but China stocks remain in the red (09-02 15:55)

More breaking news >>

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