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Russia, ruble
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.
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 Russia invaded Ukraine.
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.
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 Does Ruble's Sharp Fall Mean for Russia's Economy?
Since its invasion of Ukraine in February 2022, Russia has faced a wave of sanctions from Western powers led by the U.S. Russia's ailing war economy has relied on heavy state inte
2d
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.
3d
on MSN
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 ...
3d
on MSN
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 ...
4d
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 ...
4d
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 ...
7d
on MSN
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 ...
4d
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 ...
4d
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 ...
Kyiv Independent on MSN
4d
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 ...
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Russia
Ukraine
Kremlin
Vladimir Putin
United States dollar
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