Russia · Country watch
DNR Power Outages, Ruble Exchange Rate Adjusted
Rolling power outages hit DNR regions, while the Bank of Russia adjusts the ruble exchange rate, affecting businesses and financial operations.
In this briefing Donetsk People's Republic · Ministry of Coal and Energy · Bank of Russia · Central Bank of Russia
Disruption
Rolling power outages in DNR regions
Rolling power outages have been implemented in several districts of the Donetsk People's Republic (DNR), including Gorlovka and Makeevka, as well as Amvrosievsky, Starobeshevsky, and Telmanovsky municipal districts. The outages aim to prevent accidents on networks due to high load, according to the regional Ministry of Coal and Energy's press service. The measure is expected to affect local businesses and residents, potentially disrupting operations and daily life.
Impact Businesses and residents in DNR regions face operational disruptions due to power outages.
Sources: RIA ↗
Markets
Bank of Russia adjusts ruble exchange rate
Part of: Bank of Russia adjusts dollar and euro exchange rates →
The Bank of Russia has raised the official dollar exchange rate to 82.66 rubles for November 12. Additionally, the euro exchange rate has been increased by 30.02 kopecks to 92.6968 rubles. These adjustments reflect ongoing fluctuations in the foreign exchange market and may impact importers, exporters, and financial institutions dealing in foreign currencies.
Impact Importers and exporters face adjusted costs due to changes in the ruble's exchange rate.
Sources: Tass ↗
Russia's annual inflation estimated at 7% in October
Russia's annual inflation rate for October is estimated to be around 7%, based on weekly data, according to the Central Bank of Russia's report on monetary conditions. This inflation rate reflects ongoing economic pressures and could influence monetary policy decisions. The high inflation rate may affect consumer purchasing power and business costs, particularly in sectors sensitive to price changes.
Impact Businesses and consumers face increased costs as inflation remains high at 7%.
Sources: interfax ↗
Nothing significant reported today in Regulation · Internal tension · Safety & health · Companies · Trade · Politics.
Also today in the local press
- Reuters: в ДР Конго зафиксировано 11 042 случая заражения Эболой — rambler Novosti
- China must prepare for Russia-style Western financial pressure – expert — RT
- Индексы МосБиржи и РТС открыли сессию ростом на 0,3% — interfax
- Russian stock market rises at start of trading session — Tass
- India's oil imports up to record level in September with over third supplied by Russia — Tass
- South Sudan’s historic vote could trigger crisis – envoys — RT
- Рекордный показатель Китая в торговле объяснили дисбалансом экономики — Lenta.ru
- Prisoner exchange to be one of outcomes of talks in Abu Dhabi, source confirms to TASS — Tass
Sources in this briefing
Sources: each headline links to the original article on the publisher's site.