The Russian currency has dropped precipitously in recent weeks, a drop mainly sparked by new U.S. sanctions on a major ...

Russia's economy is facing a perfect storm of challenges, including a plummeting ruble, soaring inflation, and the impact of ...

Russian foreign financial assets surged by nearly $60 billion in the first 11 months of 2024 due to delays in international ...

Russian monetary officials raised the cost of credit for banks by hiking the key interest rate to 21 percent — higher than it ...

Russia has posted better than expected GDP growth, but Putin's military spending plans are expected to eat up nearly one ...

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. Russia's central bank on Tuesday fixed ...

2014.Getty Images / KIRILL KUDRYAVTSEV The ruble extended a sell-off on Monday, dropping to the lowest level against the dollar since 2022. Investors were spooked after new sanctions were imposed ...

The Russian ruble has slid to its lowest levels against the dollar since the invasion of Ukraine and weakened against the ...

The ruble fell as far as 114.75 to the U.S. dollar, according to data from Investing.com, a level unseen since March 2022, just after Russia started its war in Ukraine. By late trading in Moscow it ...

the ruble traded at around 75-80 to the dollar before the start of the conflict. Russia's finance minister on Tuesday sought to brush off concerns over the currency's sharp drop, saying it would ...

Those efforts, along with a drop in imports after the holidays, might stabilize the ruble’s value. But higher interest rates will start to weigh more heavily on the economy next year ...