The dollar index rose on Friday after positive consumer spending data suggested the Fed may raise interest rates this year.» Read More
The dollar was lower on Friday in thin, listless trading ahead of next week's Federal Reserve policymaking meeting.
Dmitry Polevoy, chief economist for Russia and CIS at ING, says the Chinese slowdown and falling oil prices were key drivers behind the Bank of Russia's decision.
Chris Weafer, senior partner at Macro Advisory, says change in the Russian government's approach to monetary policy is one of the causes for the currency's weakness.
Russia's central bank decides to leave its key rate at 11 percent.
Oleg Kouzmin, economist with Renaissance Capital in Moscow, explains how low oil prices and a weaker ruble are affecting the Russia economy.
The dollar softened on Thursday as global stock markets turned down.
The dollar rose on Wednesday, following equities rallies on Wall Street, Europe and Asia.
The dollar was mixed as rising stock markets and positive German economic data gave global investors reasons to throttle down the risk aversion.
Alexandra Bouriko, CFO of Rusal, says her company will not cut aluminum production or reduce capacity.
The dollar clawed back some of the ground it had lost against the yen on Monday, after skidding on mixed U.S. employment data.
The dollar stood lower on Friday as data showing U.S. unemployment in August at its lowest since 2008.
The euro fell 1 percent on Thursday, surrendering most of the solid gains put up against the dollar.
The yen and the euro rose on concerns about China, as investors unwound bets against the two currencies used to fund holding riskier assets.
The dollar lost ground against the yen and the euro as global stock markets began the week in the red, prompting investors to trim bets.
The dollar rose to one-week highs on Friday.
The dollar advanced for a third consecutive session on Thursday, bolstered by data showing a much stronger U.S. economy.
The dollar rallied for a second straight session on Wednesday.
Chris Weafer, founding partner at Macro-Advisory, says Russian banks are assessing risk on exposure by using a more "favorable" exchange rate – from pre-oil declines - than the current rate.
Jesse Sherman, portfolio manager at RenAsset Management, talks about the fundamentals of Russia's economy and emerging markets.
The dollar rose on Tuesday, earning a breather from a slide to seven-month lows against the yen as U.S. Treasury bond yields climbed higher.