Russian Ruble definition
Examples of Russian Ruble in a sentence
The imposition of economic sanctions on Russian individuals and legal entities by the European Union, the United States of America, Japan, Canada, Australia and others, as well as retaliatory sanctions imposed by the Russian government, has resulted in increased economic uncertainty including more volatile equity markets, a depreciation of the Russian Ruble, a reduction in both local and foreign direct investment inflows and a significant tightening in the availability of credit.
The effect of these sanctions has led to sharp increases in the price of commodities, a depreciation in the Russian Ruble, the assets of Russia’s central bank have been frozen, travel restrictions imposed and certain powerful individuals have been targeted for their association to the Kremlin.
The recent geopolitical and economic turmoil witnessed in the region, in particular the developments in Ukraine, have had and may continue to have a negative impact on the Russian economy, including weakening of the Russian Ruble, higher interest rates, reduced liquidity and consumer confidence.
During 2014-2015 and then in the first quarter of 2016, the oil price decreased significantly, which led to substantial decrease of the Russian Ruble exchange rate.
Teys may, from time to time, require the Distributor to provide copies of all current certificates of currency or other evidence reasonably satisfactory to Teys of the Distributor having insurance cover as required under these terms and conditions.
The effect of these sanctions has led to sharp increases in the price of commodities, a depreciation in Russian Ruble, the assets of Russia’s central bank have been frozen, travel restrictions imposed and certain powerful individuals have been targeted for their association to the Kremlin.
If that day is a scheduled CME-EMTA Russian Ruble Reference Rate Non-Polling Day or is not a business day for the Moscow interbank foreign exchange market and/or is not an Exchange Business Day, the Last Trading Day shall be the next business day for the Moscow interbank foreign exchange market that is also an Exchange Business Day and that is not a scheduled CME-EMTA Russian Ruble Reference Rate Non-Polling Day.
Each day at 5:00 p.m. ET, SwapEx rolls the trade date.Reference Currency (i.e., Non-deliverable currency)ARS – Argentine Peso BRL – Brazilian Real CLP – Chilean PesoCNY – Chinese Renminbi COP – Colombian Peso IDR – Indonesian Rupiah INR – Indian RupeeKRW – South Korean Won MYR – Malaysian Ringgit PEN – Peruvian Nuevo Sol PHP – Philippine Peso RUB – Russian Ruble TWD – Taiwan DollarSettlement CurrencyUSDUnderlying Swap TenorThe duration of time from the Effective Date to the Fixing Date.
Daily Russian Ruble Per U.S. Dollar Reference Rate Methodology (which means a methodology, effective as of June 16, 2005, as amended from time to time, for a centralized industry-wide survey of financial institutions in Russia that are active participants in the Russian Ruble/U.S. Dollar spot market for the purpose of determining the RUB CME- EMTA Rate).
In addition, Dutch companies may report taxable income in their functional currency, for example the US$ (or Russian Ruble or Chinese RMB), if certain requirements are met (see above).