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Russia’s War Economy Shows New Cracks
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.
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 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.
Russian ruble plunges to a two-year low
President Vladimir Putin assured the public that there was no need to 'panic,' and the central bank took action. Despite the Kremlin's assurances, concerns are growing among both the general public and industrial leaders.
Russia’s ruble has plunged amid fresh sanctions as wartime economy strains
Russia's central bank said on Wednesday it would stop foreign currency purchases for the rest of the year after the ruble weakened beyond 110 rubles to the U.S. dollar.
Russian Ruble Collapses As Putin's Economy in Trouble
The Russian currency has hit a two-year low against the U.S. dollar, reaching 107 on Tuesday, as sanctions continue to hit the country's economy.
Ruble tumbles as Russia’s war economy comes under increasing strain
The ruble tumbled on Wednesday to its lowest level in over two years, as a mix of low oil prices, new sanctions against Russian businesses and burgeoning government spending on its war effort put ever-greater strain on the Russian economy.
Russia's economy under pressure as ruble weakens
Russia's currency has hit its weakest level since its invasion of Ukraine. The depreciation of the rubel comes after Washington sanctioned Gazprombank and challenges are mounting for Moscow to manage its war economy.
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.
8h
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 ...
Hosted on MSN
11h
Kremlin bots spin ruble plunge to soothe Russian citizens
Kremlin bots have launched an offensive to persuade VKontakte social network users that the sharp decline in the ruble's ...
Yahoo Finance
10h
Bank of Russia Says No Emergency Steps Needed to Stabilize Ruble
Still, the central bank’s actions won’t stop the
ruble
’s medium-term weakening, according to Alexander Potavin, an analyst ...
3d
Moscow Dismisses Fears Over Sinking Ruble
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.
4d
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 ...
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