Bloomberg: Ruble strength has become a ‘headache’ for losing Western banks

Bloomberg claims that the strengthening of the ruble against the euro has become a “headache” for Western banks. This has been reported DEA News”.

The publication notes that foreign companies leaving the Russian Federation suffered huge losses.

According to Johann Strobl, managing director of the Austrian Raiffeisen Bank, the profits of his bank are growing against the background of the strengthening ruble, but for those who decided to liquidate their business in the Russian Federation, the strong ruble became a “headache”. “.

The agency emphasizes that after the start of the special military operation of the Russian Federation on the territory of Ukraine, companies that left Russia suffered serious losses. For example, French credit bank Societe Generale SA confirmed its pre-tax loss of €3.3 billion due to the withdrawal in the second quarter.

Formerly US currency augmented At the end of the week trading on the Moscow Stock Exchange amounted to 60.58 rubles against the Russian one.

As of August 5 at 18:59 (Moscow time), one euro was trading at 61.54 rubles. Since the beginning of the trading day, the dollar has grown by 23 kopecks, the European currency by 4 kopecks.



Source: Gazeta

Popular

More from author

Zakharova made a new statement about the President of the European Union 23:17

Russian Ministry of Foreign Affairs Maria Zakharova's official representative Telegraph channel He called the "bag" of the chief diplomat of the European Union, Kai...

Putin accused Western agricultural manufacturers of Crooks 16:27

Western agricultural manufacturers, hidden subsidies and great preferences because they work in foreign markets cheating. This was stated by Russian President Vladimir Putin during...

Macron told France that Ukraine cannot give more weapons to Ukraine 22:59

French authorities have already given “everything that can do” in the mood of the Ukraine and TV channel can no longer supply Ukraine armed...

The actor from “Unpleasant” was needed to help doctors again after 20:30 defeat.

Actor Ruslan Aldonin spoke in an interview Mk.ruThat his condition leaves a lot desired after beating. According to Aldonin, he got sick again today. The...