Currency market

The Ministry of Finance has sent a draft federal law "On digital currency" to the government, Interfax writes.

The era of "crazy speculation" in the digital asset market will soon come to an end.

60% of Russian investors' crypto wallets are in a "dormant" state.

The Ministry of Finance of Russia proposes to allow foreigners access to the purchase of cryptocurrency both through Russian cryptocurrency exchanges and on existing foreign exchanges.

France will allocate €1.2 billion of macro-financial assistance to Ukraine to stabilize the economy.

Sweden will send 50 million Swedish kronor (about $5.5 million) to Ukraine.

Banning cryptocurrencies can only lead to the development of a shadow market, so the best step is to find ways to regulate them.

Ukrainian sovereign eurobonds denominated in dollars have fallen in price by about 8% since the beginning of 2022, which is the worst result in emerging markets after Argentina.

The Central Bank proposed to introduce liability for Russian legal entities and individuals for violating the ban on the use of cryptocurrency as a means of payment.

US President Joe Biden has always come across as a very experienced and wise man, and his threats to deprive Russian banks of the ability to conduct transactions with the US dollar are probably related to his environment.

Economist and lecturer at the RANEPA Vladislav Ginko commented on the change in the exchange rate, which, in his opinion, is more of an “emotional reaction”. 

The dollar exchange rate in the course of foreign exchange trading on the Moscow Exchange was traded at the level of 75.03 rubles.

The United States, within the framework of an international technical assistance project, allocated Ukraine $ 24.5 million to strengthen the borders with Russia and Belarus.

President of the Republic Recep Tayyip Erdogan announced emergency government measures against the rapid fall of the lira, which has been going on for several weeks.

The Turkish national currency hit an all-time low on Thursday, December 16, falling to 15.21 lira per US unit.