The ruble's in a slump. For the Kremlin, that's a two-edged sword
The official central bank rate for Friday was set at 109 to the U.S. dollar, meaning the ruble is worth less than a penny in ...
Putin tells Russians there's no reason to panic as the ruble sinks, but analysts say its economy is in trouble
Vladimir Putin dismissed the ruble's latest tumble, but analysts say falling oil prices and sanctions spell problems for ...
What Collapsing Russian Ruble Means for Ukraine War
The Russian currency has plummeted to its lowest level since the start of Vladimir Putin's full-scale invasion of Ukraine.
Bank of Russia Says No Emergency Steps Needed to Stabilize Ruble
Russia’s central bank said no emergency steps were required to prop up the ruble as measures already in place were enough to ...
Russia’s War Economy Shows New Cracks After the Ruble Plunges
President Vladimir Putin said there isn’t any reason for Russians to panic after the currency fell to its lowest level since ...
What Does Ruble's Sharp Fall Mean for Russia's Economy?
The Russian ruble has experienced a sharp fall in value against the U.S. dollar, weakened in recent days by the U.S. Treasury ...
Russia tries to stem panic over the plummeting ruble, as the central bank is forced to intervene
The ruble weakened to 114 against the greenback earliest this week — hitting its lowest level since March 2022, shortly after ...
Ruble Plunge Pressures Bank of Russia for Steeper Rate Hike
A recent slump in the ruble is ramping up pressure on the Bank of Russia to hike its key rate — potentially by the most since ...
The ruble is down, the price of potatoes is up. But is Russia's economy really in trouble?
The lead story on the front page of Tuesday's edition of Moskovskij Komsomolets, a major state-run newspaper in Moscow, is the uproar over the rising price of potatoes.One lawmaker is calling on the ...
Russia's economy under pressure as ruble weakens
Russia's currency has hit its weakest level since its invasion of Ukraine. The depreciation of the rubel comes after ...
The Moscow Times on MSN12h
Russia’s Central Bank Acknowledges ‘Short-Term’ Impact on Ruble Exchange Rate
Russia’s Central Bankacknowledged on Friday that U.S. sanctions caused a short-term drop in the ruble’s value as it sought to ...
Putin Says No Reason To Panic Over Falling Russian Ruble
Russian President Vladimir Putin said on Thursday there was no reason to worry about the falling Russian ruble, which slumped this week to its lowest level since March 2022.