World War II through the lens of TASS' legendary photographerSociety & Culture March 23, 15:20
Kremlin dismisses as absurd claims about ‘Russian connection’ in politician's murderRussian Politics & Diplomacy March 23, 15:13
Putin promises four-fold rise in Russian precision weaponry’s strike potentialMilitary & Defense March 23, 15:10
Ukraine’s top military brass labels blasts at ammo depot as ‘act of sabotage’World March 23, 14:41
Suspected killer of former State Duma MP now in hospital 'under police protection'World March 23, 14:31
Kremlin denies any involvement in Manafort-Deripaska contactsRussian Politics & Diplomacy March 23, 14:26
Former member of Russia’s State Duma gunned down in KievWorld March 23, 13:42
Putin says Russian-Chinese ties reached unprecedentedly high levelRussian Politics & Diplomacy March 23, 13:40
Lavrov says Russian-US relations in ‘stand-by mode’ for nowRussian Politics & Diplomacy March 23, 13:00
MOSCOW, January 15. /TASS/. The euro has risen by 2.46 rubles to 85.07 rubles in the course of the trading session on the Moscow Exchange on Friday, rising above 85 rubles for the first time since December 2014.
The dollar rose by 1.6 rubles to 77.65 rubles.
Ruble weakens amid falling oil prices. Thus, the price of the futures contract for Brent crude oil March delivery declined by 4.37% to $29.63 per barrel on the Intercontinental Exchange (ICE). Since the beginning of 2016 Brent crude oil price has fallen more than 20%.
The Russian federal budget for 2016 is based around the oil price of $50 per barrel. The Finance Ministry proposed to adjust the budget at the rate of $40 per barrel. Ministries and departments need to present their proposals on a 10% reduction of their spending to the finance ministry before mid-January. The adjusted budjet will be presented at the end of Q1 2016.