foreign-currency
Top StoriesNo Progress on Ukraine Ceasefire in Lavrov Talks – Kuleba
Top StoriesUniCredit, BNP Paribas Detail Hefty Russia Exposures as Sector Rebounds
Top StoriesSwedish PM Rejects Opposition Calls to Consider Joining NATO
Top StoriesKremlin Says Russian Military Action Will Stop ‘in a Moment’ if Ukraine Meets Conditions
Sterling Falls 1% Versus Dollar, Rises Against Euro
Date: March 4, 2022
LONDON (Reuters) – Sterling declined 1% to $1.3216 as the dollar strengthened against a basket of currencies on safe-haven demand and Fed rate hike expectations following robust U.S. labour market data. Russian forces seized Europe’s largest nuclear power plant on Friday in what Washington called a reckless assault that risked catastrophe. Meanwhile, data showed that...
Euro Sinks to Multi-Year Lows Versus Dollar, Swiss Franc and Sterling
Date: March 4, 2022
By Joice Alves LONDON (Reuters) – The euro fell to a seven-year low versus the Swiss franc and hit its lowest point in almost two years versus the dollar on Friday as the war in Ukraine lowered expectations of European economic growth. The European single currency fell 2.1% this week, and was set for its...
Finns Warm to NATO in Alarmed Reaction to Russian Invasion of Ukraine
Date: March 3, 2022
By Anne Kauranen and Essi Lehto HELSINKI (Reuters) – Russia’s invasion of Ukraine is causing a rapidly growing number of Finns to support membership of NATO, suggesting the country’s delicate balancing act between the Kremlin and the U.S.-led military alliance could be coming to an end. Many Finns have traditionally been wary of Russia, with...
Rouble Weakens to Record Low, Threatening Russian Living Standards
Date: March 2, 2022
NEW YORK (Reuters) -The rouble weakened past 100 against the dollar in Moscow trade and hit a record low of 117 in other markets on Tuesday, threatening the living standards of ordinary Russians as the country is hit by harsh Western sanctions following its invasion of Ukraine. The currency had found some support after Russian...
Apple Stops Product Sales in Russia, Adding to Pressure From Shippers, Car Makers
Date: March 2, 2022
By Jonathan Saul, Stine Jacobsen and Dawn Chmielewski (Reuters) -American big brands including Apple, Google, Ford and Harley-Davidson on Tuesday stopped sales and distanced themselves from Russia because of the invasion of Ukraine, joining a growing list of companies from shippers to car makers to energy companies shunning the country. Apple Inc said it had...
Russia Says It Won’t Yield to Sanctions Pressure Over Ukraine
Date: March 1, 2022
MOSCOW (Reuters) -Western sanctions will never make Russia change its position on Ukraine, the Kremlin said on Tuesday. Responding to a barrage of Western sanctions over Russia’s invasion of Ukraine, Kremlin spokesperson Dmitry Peskov said: “They are counting on forcing us to change our position. This is out of the question.” Peskov told reporters that...