Source Pravda.Ru

Real ruble rate strengthens against dollar but falls against euro

The real ruble exchange rate, taking into account a rise in consumer prices in Russia and the USA, strengthened by 4.8 percent against the dollar in January-November 2002, the center of macroeconomic research of UNICON/MS Consulting Group reported. The nominal ruble exchange rate dropped 5.4 percent against the dollar over the same period.

The real ruble rate against the euro went down 7.2 percent over the first eleven months of 2002 while the nominal ruble rate reduced 16.4 percent against the euro. The research also stated that Russia's gold and currency reserves had increased $1.44bn, or 3.1 percent in November 2002.

More than 5.8 million people voted for Nicholas Maduro at the presidential election in Venezuela. This is more than a quarter of registered voters. Why did those people vote for the man, who, as Western media write, took Venezuela to the brink of collapse?

Venezuela may expect another Panama scenario from 1989
Comments
Russian air defences ready to shoot down NATO drones and reconnaissance aircraft over Crimea
Ukraine's exit from Commonwealth of Independent States will affect common Ukrainians most
Russian air defences ready to shoot down NATO drones and reconnaissance aircraft over Crimea
Russian air defences ready to shoot down NATO drones and reconnaissance aircraft over Crimea
Russian air defences ready to shoot down NATO drones and reconnaissance aircraft over Crimea
British football fans spineless to unleash World War Three in Russia during World Cup
Russian air defences ready to shoot down NATO drones and reconnaissance aircraft over Crimea
British football fans spineless to unleash World War Three in Russia during World Cup
Beautiful and terrifying: Russia shows video of Bulava ICBM underwater salvo launch
Kremlin on failed nuclear missile tests: 'Listen to President Putin and believe him!'
Kremlin wants foreign invaders out of Syria
Kremlin on failed nuclear missile tests: 'Listen to President Putin and believe him!'
What may happen to foreign tourists traveling for 2018 World Cup in Russia
Kremlin on failed nuclear missile tests: 'Listen to President Putin and believe him!'
Russian special services detain Hizb ut-Tahrir members in Crimea
Russian special services detain Hizb ut-Tahrir members in Crimea
Foreign Ministry official explains why Russia had to sell Alaska to US
Russian air defences ready to shoot down NATO drones and reconnaissance aircraft over Crimea
Just Words on Scraps of Paper
Just Words on Scraps of Paper
SWIFT refuses to cut Russia off, even if Washington insists