The Russian rouble will stabilise at around 100 to the U.S. dollar after the period of volatility in the aftermath of U.S.

The combination of a declining currency and a ballooning budget deficit has led to talk of a hard landing for the Russian ...

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

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

The main reasons behind the price rise include record-breaking gas withdrawals from European storage facilities amid a temperature drop, statements about Russia ending gas supplies to Austria’s OMV an ...

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

On November 21, 2024, the U.S. Department of the Treasury’s Office of Foreign Assets Control (“OFAC”) designated Gazprombank, over 50 ...

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

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

The Bank of Russia has more serious concerns than having to manage the fallout from U.S. sanctions on Gazprombank, which sent ...

Investing.com. The Central Bank of Russia set the official exchange rate for the day at 105 rubles per dollar and 110.49 ...

European countries still buying Russian gas are rushing to find a way to keep paying for supplies after Dec. 20 that won’t ...