Putin tells Russians there's no reason to panic as the ruble sinks, but analysts say its economy is in trouble
Russian President Vladimir Putin said the ruble's plunge to two-year lows was no cause for panic.The Russian currency hit its lowest level against the dollar since March 2022 this week.Analysts say Russia is under pressure from inflation,
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,
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's imposition of fresh sanctions on dozens of Russian banks, including the major lender Gazprombank.
US Sanctions Hit Ruble as Russia’s FX Sources Are Drying Up
Fresh US sanctions against Russian banks have caused a further slide in the ruble, putting at risk some of the last channels of direct foreign-currency flows into the country. Most Read from BloombergNew York City’s ‘Living Breakwaters’ Brace for Stormier SeasIn Italy’s Motor City,
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.
Putin says there's no need to panic over Russia's plummeting ruble
Russian President Vladimir Putin says there's no need to panic over the country's plummeting currency... despite the ruble weakening to its lowest level in over two years. Australia has passed a law banning social media for under-16s.
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 ...
The ruble has fallen. A suitcase in the role of a purse and zero money for the military-industrial complex?
EADaily, . The Central Bank of the Russian Federation has fallen again. Yesterday's jump in the value of foreign money in ...
Russian Ruble Slump Might Spark Rise In Interest Rates: Report
In response, the Bank of Russia has been raising interest rates to record highs to curb inflation. The bank has said it is ...
Kyiv Independent on MSN16h
Can Russia sustain its war effort as ruble plummets, inflation soars?
With the purchasing power of the Russian ruble hitting the lowest point since March 2022, the economic toll of the full-scale ...
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 ...
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 ...
Russian central bank takes desperate stand to halt collapsing ruble and fierce inflation
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 ...
Russian ruble hits lowest level since March 2022 after Ukraine invasion
Russia's ruble has dived to the lowest level against the US dollar since March 2022, just after its invasion of Ukraine began ...