#Hackers cracked into Russian regional #bank and managed to change the #Ruble #Dollar exchange rate for more than 14 minutes. #BFSI Read how: https://www.appvigil.co/blog/2016/02/russian-hackers-moved-ruble-dollar-exchange-rate-using-malware/
People walk past a display with currency exchange rates in Moscow, Russia, Wednesday, Dec. 3, 2014. The Russian ruble has extended a week of decline, fueled by low oil prices and Western sanctions against Russia over its role in Ukraine's crisis. The top two figures indicate the spread on the dollar-ruble rate and the bottom two figures indicate the the euro-ruble rate. (AP Photo/Pavel Golovkin)
Russian expert: 200 rubles to the dollar by March 2015 2014/11/11 • Russia Article by: TV Rain Western sanctions in response to Russia’s military aggression against Ukraine are the reason for the fall in the ruble exchange rate. By March 2015, one dollar will cost 200 rubles. This was the view of the managing director of Finam Management investment company, Nikolai Solabuto, in an interview on TV Rain in Moscow.
In practice, over the past 15 years oil prices most strongly affected the value of the Canadian dollar, the Malaysian ringgit, the Norwegian krone, the Mexican peso, Brazilian real, and the Russian ruble. In countries where the exchange rates of national currencies have been smoothed out by interventions by central banks, the influence of the price of oil on the national currency's exchange rate proved to be minimal.