... national currency ended the year with the following indicators: US Dollar Exchange Rate: +13.4% (ruble depreciation). Euro Exchange Rate: +7%. Chinese Yuan Exchange Rate: +6.8%. Main Causes of Ruble Depreciation Geopolitical Factors The introduction of new US sanctions against Russia in November 2024 dealt a serious blow to the economy. The sanctions affected key sectors and restricted access to international financial markets. Decline in Export Revenues Falling global prices for oil and gas, along with a reduction in their export, diminished the inflow of foreign currency into Russia. Monetary Policy The Central Bank maintains the key interest rate at 21%, which curtails ...

... conduct transactions, manage finances and plan purchases in a convenient digital format. Fintech allows us to offer new financial services, such as loans, current accounts and online payment management, which is becoming critical in a highly volatile market. I am confident that further development of fintech will help us strengthen our position and create even more useful solutions for our clients. Pre-IPO of the first independent B2B marketplace for oil products and raw materials OPEN OIL MARKET

How will Wednesday’s events shape the global economy and financial markets? This article covers OPEC’s monthly oil market report, U.S. inflation data, Canada’s interest rate decision, and the EIA crude oil inventory report. We also analyze key corporate earnings from Macy’s and Adobe, along with their implications ...

In the financial world, the Buffett Indicator is one of the most discussed metrics that can provide insight into the current state of the US stock market. According to the latest data, this indicator is reaching record levels, raising concerns among investors about the potential formation of a bubble in the stock market. The situation on the stock market, characterized by high overvaluation and ...

... I got a job at a fuel company, studied the market for several years, and in 2014, I resigned and co-founded Oil Resource Group with a business partner. Even then, we wanted to implement new business solutions in the rather conservative commodities market. Digitalization played a key role in this process. – Where did you begin? – First and foremost, we automated internal business processes. This allowed us to move away from manual management. We customized the 1C software to meet our specific needs, making operations across different departments more transparent and efficient. We also enhanced security by developing and automating a system for accrediting ...