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 currency has depreciated to levels last seen at the onset of the war due to new sanctions. Heavily reliant on imports, ...
EADaily, . The Central Bank of the Russian Federation has fallen again. Yesterday's jump in the value of foreign money in ...
In response, the Bank of Russia has been raising interest rates to record highs to curb inflation. The bank has said it is ...
With the purchasing power of the Russian ruble hitting the lowest point since March 2022, the economic toll of the full-scale ...
Investors have been spooked after Russia was hit with fresh sanctions and as tensions rose after a hypersonic missile attach ...
The ruble weakened to 114 against the greenback earliest this week — hitting its lowest level since March 2022, shortly after ...