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RUBLES VALUE
409 gold coins buried for 100 years found beneath the remains of a destroyed home; mystery owner still unknownA remarkable discovery of 409 gold coins, hidden for over a century, was unearthed beneath a house in Torzhok, Russia. The coins, dating fr...
What made Putin sell 22,000 kg gold from Russia this year?Russia’s central bank has sold 21.8 tonnes or 22,000 kilograms of gold so far in 2026 to help fund the country’s widening budget deficit, w...
A Hidden Treasure From the Russian Revolution Was Just DiscoveredConstruction in Torzhok unearthed a remarkable hoard of 409 gold coins, dating from 1848 to 1911, hidden in a ceramic mug. Experts believe ...
Putin says no reason to panic over falling Russian rubleRussian President Vladimir Putin assured there is no need for panic over the significant drop in the Russian ruble, attributing it to budge...
Russia's ruble has tumbled. What does it mean for the wartime economy?Until now, the government stood aside as the declining ruble helped its budget. But a weaker currency also poses the threat of higher price...
Russia's central bank makes huge interest rate hike to try to prop up falling rubleRussia's central bank made a big interest rate hike Tuesday, an emergency move designed to fight inflation and strengthen the ruble after t...
Russia's currency hits the lowest level since beginning of the war in UkraineThe Russian ruble has reached its lowest value since the early weeks of the war in Ukraine as Western sanctions weigh on energy exports and...
Russia says repaid dollar debt in rubles amid default fears"Funds for the payment of coupons on external bonds of the Russian Federation maturing in 2027 and 2047 in the total amount of 12.51 billio...
Sanctions hit Russian economy, although Putin says otherwiseBenjamin Hilgenstock and Elina Ribakova, economists with the Institute of International Finance, estimated in a report released last month ...
Putin reminds the world he still wields a powerful economic weaponThrough a series of aggressive measures taken by the Russian government and its central bank, the ruble, which had lost nearly half of its ...
The curious case of the recovering rubleOne thing that Russia has managed to defend quite effectively, however, is the value of its currency. The ruble plunged in the days after t...
Russia accuses West of seeking 'artificial default'Ratings agency Fitch last week downgraded Russia's sovereign debt rating farther into junk territory, warning that the decision reflects th...
Bitcoin now has higher market cap than Russian currencySimilar to volatility, Bitcoin's trading volume across major exchanges reached the highest level since the December 5 price crash, accordin...
Ruble plummets as sanctions bite, sending Russians to banksRussians wary that sanctions would deal a crippling blow to the economy have been flocking to banks and ATMs for days, with reports on soci...
Russia's central bank hikes key rate to 20 percent"The Bank of Russia's board of directors has decided to raise the key rate to 20 percent," the central bank said in a statement. It said it...
Russian stocks retreat 33% in biggest rout, $200 billion wiped outRussian assets nosedived as military attacks across Ukraine prompted emergency central bank action and investors braced for the toughest ro...
Russian stocks nosedive 50% as trading resumes on Moscow ExchangeRussia's biggest stock by market capitalisation, Gazprom, slumped 54 per cent to 129.50 rubles. Rosneft dived 59 per cent to 178.65 rubles....
Russian stock market rout wipes out $250 billion in valueThe military attack on Ukraine cast a shadow over global markets and sparked a fresh bout of risk aversion. Russian assets took the main bl...
- Gazprom's Q1 profit down 62 pc to $3.3 bn
Russian state gas monopoly Gazprom reported a 62 per cent drop in net profit for the first quarter of 2009, when the company was hit hard b...
- 'Russian inflation could reach 15 per cent in 2009'
Inflation in Russia could climb as high as 15% in 2009 depending on oil price levels, Russian Finance Minister Alexei Kudrin said.