Russian President Vladimir Putin assured there is no need for panic over the significant drop in the Russian ruble, attributing it to budge...

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 made a big interest rate hike Tuesday, an emergency move designed to fight inflation and strengthen the ruble after t...

The Russian ruble has reached its lowest value since the early weeks of the war in Ukraine as Western sanctions weigh on energy exports and...

"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...

Benjamin Hilgenstock and Elina Ribakova, economists with the Institute of International Finance, estimated in a report released last month ...

Through a series of aggressive measures taken by the Russian government and its central bank, the ruble, which had lost nearly half of its ...

One thing that Russia has managed to defend quite effectively, however, is the value of its currency. The ruble plunged in the days after t...

Ratings agency Fitch last week downgraded Russia's sovereign debt rating farther into junk territory, warning that the decision reflects th...

Similar to volatility, Bitcoin's trading volume across major exchanges reached the highest level since the December 5 price crash, accordin...

Russians wary that sanctions would deal a crippling blow to the economy have been flocking to banks and ATMs for days, with reports on soci...

"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 assets nosedived as military attacks across Ukraine prompted emergency central bank action and investors braced for the toughest ro...

Russia's biggest stock by market capitalisation, Gazprom, slumped 54 per cent to 129.50 rubles. Rosneft dived 59 per cent to 178.65 rubles....

The military attack on Ukraine cast a shadow over global markets and sparked a fresh bout of risk aversion. Russian assets took the main bl...

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...

Inflation in Russia could climb as high as 15% in 2009 depending on oil price levels, Russian Finance Minister Alexei Kudrin said.