€ — ₽92, $ — ₽79
Exchange rates of currencies on Monday rose again against the ruble. Demand for dollars and euros in the foreign exchange market increased amid the threat of a second wave of COVID-19 and an increase in geopolitical tensions.
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- The euro / ruble exchange rate on the Moscow Exchange exceeded ₽92 for the first time since January 2016. The dollar rate rose by more than 1% to RUB79.14 for the first time since April 2020.
- Risks for the ruble remain the growth in the number of COVID-19 cases in the world and fears of new restrictive measures. For the same reasons, as well as due to an increase in oil supplies to the market from Iran and Libya, oil quotations are reduced to $ 41.7 per barrel.
- According to Rosbank analysts, the growth of the dollar against the ruble in the near future may continue due to the strengthening of the position of the American currency and increased tensions between Armenia and Azerbaijan, which may become a new reason for the growth of mistrust in the ruble. Experts do not exclude that the market is currently targeting the $ 80 mark.
Merkel came to Navalny
The Chancellor’s visit took place in complete secrecy, writes Spiegel. The meeting was not a secret, Navalny and a German government official said.
- As the newspaper notes, “such an unusual gesture” by Angela Merkel showed solidarity of the German government with Alexei Navalny. The visit to Navalny is another sign that Berlin wants to understand what happened, the authors of the article believe.
- Navalny confirmedthat he did meet with Merkel, but said that the meeting should not be called secret. According to him, it was a private meeting and conversation with the family.
- German government spokesman Steffen Seibert also notedthat it was a “personal meeting” between the chancellor and Navalny, and explained that it was not a secret.
Magomedov accused the head of the FESCO board of directors of a raider takeover
The businessman said that he instructed to do everything necessary to bring the “participants in the raider takeover” to justice. FESCO reported about his attempt to avoid liability in connection with non-repayment of previously received loans.
- The owner of the Summa group Ziyavudin Magomedov, arrested in March 2018 on suspicion of creating a criminal community, from a pre-trial detention center called on law enforcement agencies to take measures to prevent the raider seizure of the Far Eastern Shipping Company – the parent company of the FESCO group (it owns 32.5% of the group).
- In response, Leyla Mammadzade, the head of the FESCO board of directors, stated that all actions are being taken by her in order to preserve the integrity and financial stability of the company, and not individual shareholders.
- Mid September FESCO filed to the London International Arbitration Court claims “against companies associated with Magomedov”. She intends to collect from a number of shareholders the debt on loans issued, directed by them to buy back the group’s shares in 2012. In May, RBC reported that FESCO sent a letter to Magomedov and the American investment fund TPG Group reminding him of the need to return loans totaling $ 1.046 billion.
Potanin did not discuss the damage from the accident with the Deputy Prime Minister
The head of Norilsk Nickel, Vladimir Potanin, did not try to discuss the assessment of damage due to a diesel spill near Norilsk in the amount of almost 148 billion rubles. with profile vice-premier Victoria Abramchenko. In an interview with RBC, she said that the company did not settle the dispute out of court.
In response, Norilsk Nickel objected that, on its initiative, “a working group was created under the auspices of the Ministry of Natural Resources just for out-of-court settlement of damage and development of a reclamation plan”.
Also in an interview with RBC Victoria Abramchenko said:
- about the need change the mission of the garbage state company Russian Ecological Operator (REO);
- about what found method of disposal of ship cemeteries;
- announced the emergence of improved environmental products.
How self-isolation has affected garbage, wheat exports, and changes in youth values - read in an interview with RBC.