... markets. Ruble Exchange Rate and Currency Market Dynamics At the beginning of August, the domestic currency market in Russia is facing the weakening of one of the factors that supported the ruble: the July tax period has ended, during which exporters traditionally sold foreign currency earnings to pay taxes, thereby strengthening the ruble. There are expectations that after this, the supply of foreign currency may decrease, leading to a moderate weakening of the ruble. Nevertheless, the exchange rate of the Russian currency is likely to remain within a relatively stable range in the near term. The US dollar is trading around 78–82 rubles, while the euro is ...

... key link in the issue of creating cryptocurrency infrastructure is the position of the Central Bank. The Bank of Russia has traditionally taken a cautious stance regarding crypto assets, fearing for financial stability and potential illegal capital movement.... ... indirect instruments (e.g., crypto ETFs or futures on crypto indexes). Furthermore, the geopolitical factor remains: sanctions may complicate the integration of the Russian crypto market into the global economy. Potential market participants should carefully ...

... recognized. However, not everyone is aware of the optimal methods for acquiring digital currencies. They are not available at traditional currency exchange points, which often leads novice investors to encounter challenges during the purchasing phase. ... ... platforms and require minimal financial investment, ultimately being more beneficial than dealing with unfamiliar parties who may be scammers. It is crucial to understand that presently, no cryptocurrency is officially recognized in Russia. Therefore, ...

... approaches, when demand for fuel in passenger vehicles starts to gradually decrease," he says. Dyachenko notes that the decision to extend the embargo into September-October will depend on the balance of supply and demand. "September is traditionally a month of high demand, as people return from vacations, the school season starts, and consumption in cities increases. At the same time, September-October is the active period for refinery maintenance. Based on this, I assume the government may extend the restrictions," he concludes. RBC has sent a request to the Ministry of Energy. Translated using ChatGPT Sourse: https://www.rbc.ru/business/31/07/2024/66a8e7779a7947cafd9a33a4?from=newsfeed

... Chinese cars may increase if automakers strengthen their positions through improved product quality, enhanced service, and the development of loyalty programs. The Russian market is gradually adapting to this new segment, and over time, Chinese cars may become a full-fledged and reliable alternative to traditional brands in the secondary market.