Russia’s ruble is still worth less than a penny, and the Kremlin’s piggy bank for propping it up is running low
Russia's sovereign wealth fund has been tapped repeatedly to prop up the ruble, leaving the Kremlin with less firepower to battle another currency collapse.
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 stabilize the market situation.
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 country's prosecutor general to investigate the surging cost of this household staple,
Russian Ruble Plunge Hurting Chinese Companies: Report
The Russian currency has hit a 32-month low against the U.S. dollar as the wartime economy faces another blow.
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 start of the war on Ukraine.
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 the days following Moscow’s invasion of Ukraine.
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.
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 Washington sanctioned Gazprombank and challenges are mounting for Moscow to manage its war economy.
The ruble’s in a slump. For the Kremlin, that’s a two-edged sword
Russia’s ruble is sagging against other currencies, complicating the Kremlin’s efforts to keep consumer inflation under ...
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Top Russian bank executive publishes ‘letter to Santa’ asking for stabilized ruble and help with inflation
Dmitry Pyanov, first deputy chairman of Russian bank VTB, published an op-ed in the newspaper RBC on Tuesday styled as a ...
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 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 ...
Russian Ruble Slides to Weakest Level Since Early Days of Ukraine War
The Russian ruble dropped to its lowest level since the start of the Ukraine war, presssured by fears that new U.S. sanctions ...
Rogan's "advice" and Russian ruble's fall | Ukraine This Week
Ukraine This Week's host, Anna Belokur, discusses Russia's attacks on Ukraine and its record losses, the ruble plunging to ...
Russia's ruble drops to more than a 2-year low against the dollar on fresh sanctions and surging tensions
Investors have been spooked after Russia was hit with fresh sanctions and as tensions rose after a hypersonic missile attach ...
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 ...