The Russian currency has hit a 32-month low against the U.S. dollar as the wartime economy faces another blow.

The Russian currency has plummeted to its lowest level since the start of Vladimir Putin's full-scale invasion of Ukraine.

Russia’s ruble is sagging against other currencies, complicating the Kremlin’s efforts to keep consumer inflation under ...

In response, the Bank of Russia has been raising interest rates to record highs to curb inflation. The bank has said it is ...

The Russian ruble dropped to its lowest level since the start of the Ukraine war, presssured by fears that new U.S. sanctions ...

Russia’s central bank said no emergency steps were required to prop up the ruble as measures already in place were enough to ...

Worth a fraction of a penny now, the ruble has fallen to lows not seen since March 2022 in the early days of the war against ...

New restrictions required "adjustments in the servicing of foreign trade flows," the Central Bank noted in its November financial stability review. "These sanctions, in terms of payments for exports ...

The Russian economy is in the throes of a deepening crisis as its currency, the ruble, continues to plummet to record lows, ...

President Vladimir Putin assured the public that there was no need to 'panic,' and the central bank took action. Despite the ...

Russia's sovereign wealth fund has been tapped repeatedly to prop up the ruble, leaving the Kremlin with less firepower to ...

EADaily, November 30th, 2024. Many Chinese exporters faced difficulties due to the collapse of the ruble exchange rate and ...