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Showing results 1-10 of 17,246
    1. 8 hours ago

      Rouble rebounds after oil strengthens

      ...an early boost to oil prices ensured the...currency against the dollar in spite of a later...outlook for the US dollar remained firm and oil prices remained vulnerable...the moves in the oil price on Monday...cent against the dollar at 11.53 rand...Alice Ross

    2. FT Alphaville

      8 hours ago

      The upcoming petrodollar bifurcation risk?

      ...account, supporting the dollar in the long run and sterilising oil receipts domestically...should lead to greater dollar absorption via the use of oil export receipts to finance...stupid - FT Alphaville Dollar reserves as goodwill oil-product claims...Izabella Kaminska

    3. 10 hours ago

      Nigerian banks: losing steam

      ...down a sixth against the US dollar this year. Even power sector...been dwarfed by those in the oil and gas sector, amounting to...Afrinvest estimates that loans to the oil and gas sector account for three...with an election next year and oil prices ever lower, the banks...

    1. 10 hours ago

      Nigerian capital controls: eye of the needle

      ...currency battered by falling oil prices is likeliest to introduce...Excess Crude Account used to save oil receipts (above a certain base...the rouble floats against the dollar. Nigeria is not so fortunate...s trading band against the dollar by 8 per cent, to between 155...

    2. 10 hours ago

      Nigerian oil & gas: crude challenges

      ...has changed this year as the oil price has nearly halved since...for an economy that depends on oil for 64 per cent of government...down 38 per cent this year in US dollar terms. One likely response to lower oil prices is consolidation. Local...

    3. 13 hours ago

      Russia faces full-blown crisis, says Kudrin

      ...On Monday, the rouble rose 5.1 per cent to 56.5 to the dollar following a series of measures announced in the second half...the economy would contract by at least 4 per cent next year if oil prices remained at $60 a barrel, echoing central bank forecasts...Jack Farchy

    4. 22 hours ago

      Wall Street extends run of gains

      ...Monday 21.00 GMT. Hopes that oil prices might have finally found...barrel mark. Last week, the oil benchmark touched a five-year...are seeing a stabilisation of oil prices is likely to provide breathing...other nations helped drive the dollar to its highest point in almost...Dave Shellock

    5. December 21, 2014

      Colombia puts on a brave face as oil price plunges

      ...are well prepared [for a fall in oil prices] although that does not...to the broader economy. Reduced oil revenues will widen the current...increases the local currency value of dollar-denominated oil exports. Although the government...Andres Schipani in Bogotá and John Paul Rathbone in London

    6. December 20, 2014

      CBR shows how not to intervene

      ...companies to pay foreign debt. Third, oil prices have collapsed by 40 per cent since...through either sanctions or a drop in the oil price — but not both at the same time...trading opened the following morning, the dollar jumped by another 30 per cent relative...Sergey Aleksashenko

    7. December 19, 2014

      Through the looking glass: the Kremlin struggles to restore calm

      ...Rosneft, a state-owned oil company that is a principal...the maturity of a large dollar debt to foreign banks. The...even more than higher oil prices, is an end to western...have gradually sucked the dollar liquidity and life out of...Kathrin Hille, Courtney Weaver and Jack Farchy

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