Russia’s ruble is sagging against other currencies, complicating the Kremlin’s efforts to keep consumer inflation under ...
The Russian currency has hit a 32-month low against the U.S. dollar as the wartime economy faces another blow.
Russia's sovereign wealth fund has been tapped repeatedly to prop up the ruble, leaving the Kremlin with less firepower to ...
Russia's finance minister on Tuesday brushed off concerns over a sharp drop in the value of the ruble, hit by the fallout of Moscow's offensive on Ukraine.
The ruble weakened to 114 against the greenback earliest this week — hitting its lowest level since March 2022, shortly after ...
CEO of Macro-Advisory Ltd. Since there is no open market trading of the ruble on the Moscow or any other exchange due to sanctions, the rate is set by the central bank based on its estimate of ...
A man watches at an exchange office sign showing the currency exchange rates of the Russian ruble, U.S. dollar, and euro in Moscow, Russia, Thursday, Nov. 28, 2024. Credit: AP/Pavel Bednyakov ...
Last week, there was a sharp decline in the ruble's exchange rate. Challenges with the Russian currency have led Chinese ...