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Russian rouble strengthens against dollar, tracking higher oil prices
Russian rouble strengthens against dollar, tracking higher oil prices

Business Recorder

time13 hours ago

  • Business
  • Business Recorder

Russian rouble strengthens against dollar, tracking higher oil prices

MOSCOW: The Russian rouble strengthened against the U.S. dollar on Monday, following a surge in oil prices due to potential supply risks from the Israel-Iran conflict. By 1200 GMT, the rouble was up 1.3% at 78.65 per U.S. dollar, according to LSEG data based on over-the-counter quotes. The Russian currency is up by about 40% against the dollar since the start of the year. Analysts, most of whom consider the rouble overvalued, noted that the new geopolitical risks have reduced the likelihood of new sanctions against the Russian energy sector, which G7 leaders were scheduled to discuss at their meeting in Canada. Russian rouble gains 'The current situation may also affect the discussion of new sanctions on Russian oil, possibly postponing the decision on their implementation,' said Sofya Donets from T-Bank. Against the Chinese yuan, the most traded foreign currency in Russia, the rouble weakened by 0.2% to 10.90 on the Moscow Stock Exchange.

Russia records cyber attacks on banking apps, mobile operators and Lukoil
Russia records cyber attacks on banking apps, mobile operators and Lukoil

Yahoo

time26-03-2025

  • Business
  • Yahoo

Russia records cyber attacks on banking apps, mobile operators and Lukoil

Russia has recorded large-scale technical failures in the functioning of mobile operators, banks and payment systems. Source: Meduza, a Latvia-based Russian news outlet Details: It is noted that customers of T-Bank, Alfa-Bank, VTB, as well as the Rapid Payment System (RPS) and Yandex Pay are experiencing problems. In addition, Lukoil, Russia's largest private oil operator, is likely to have been hacked. The company's employees cannot log into their work accounts. They have been ordered to turn off their computers and not use logins and passwords to avoid data leaks. Problems are being experienced not only at the head office, but also in the regional offices. "Last year, it took about three days to recover the system after a similar attack," the source said. Background: Internet users in Russia complained about malfunctions of telecom operators and a number of services. Support Ukrainska Pravda on Patreon!

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