The Bank of Russia sold 8.7 bln rubles ($111.82 mln) worth of foreign exchange on the domestic market with settlements on October 16 as part of preventive measures curbing volatility, the regulator reported on Monday.
The MOEX index fell by 0.07% and reached 2,797.65 points, and the RTS index fell by 0.12% to 1,131.43 points on Monday.
As of 10:08 am, the dollar was flat at the level of the previous closing trading at 77.94 rubles, while the euro was up by 0.05% trading at 91.27 rubles.
DCCDL – the joint venture between DLF and Singapore sovereign fund GIC, has 33 million square feet of office and retail properties generating an annual rental income of Rs 3,500 crore.
The Bank of England has paved the way for negative interest rates in the face of a looming unemployment crisis in order to stimulate the economy.
India stocks were higher after the close on Monday, as gains in the Banking, Public Sector Undertakings and Oil & Gas sectors led shares higher.
Australian shares gained on Monday after Victoria state eased its months-long coronavirus lockdown and as US officials said a new stimulus package could be passed before presidential elections.
The AUD/NZD currency pair, which expresses the value of the Australian dollar in terms of the New Zealand dollar, is trading far above parity (1.00) which was found earlier this year following a collapse in risk sentiment.
It is a state of affairs to drive us all to drink, as long as we can find a pub or bar still open to serve us.
Israel and the United Arab Emirates (UAE) have reached a bilateral agreement that will give incentives and protection to investors who make investments in each other’s countries, both finance ministries said on Sunday.