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RUSSIA RUBLE
India, Russia prevented global economy from collapsing: IMEMO chiefRussia and India have forged a new global economic model, preventing global collapse and aiding the Global South with affordable resources....
Russia's oil major says US companies benefit from the closure of the Strait of HormuzRosneft CEO Igor Sechin stated that American energy companies are benefiting most from the closure of the Strait of Hormuz. He believes the...
Russian spies are aggressively seeking Western technology as sanctions bite, officials sayRussia's intelligence agencies are aggressively seeking Western technology and defense secrets to bolster its war economy, employing fake c...
Iran war drives Russian oil windfall as Urals crude hits highest level since 2023Russia's Urals oil export blend hit its highest price since October 2023, reaching $94.87 a barrel for tax purposes this month. This surge,...
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...
Ruble’s world-beating rally poses new risk to Russian economyAgainst all odds, the Russian ruble has risen impressively against the dollar, leaving officials astonished. This unexpected improvement is...
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 launches test phase for digital rubleMoscow has sought to de-dollarise its transactions and develop alternative payments systems, after many Russian banks were excluded from th...
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...
Russia floats new foreign debt payment systemRussia previously has offered natural gas customers to establish an account in dollars or euros at Gazprombank, then a second account in ru...
Europe looks for solutions as Russia squeezes supply of natural gasUrsula von der Leyen, the President of the European Commission, accused Russia of blackmailing the bloc. Russian spokesperson Dmitry Peskov...
Russia's ruble rebound raises questions of sanctions' impactThe ruble is no longer rubble. While the West has imposed unprecedented levels of sanctions against the Russian economy, Russia's Central B...
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...
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...
China allows usage of ruble in Sino-Russian border cityThe city accounted for 80 per cent of Heilongjiang's export of goods to Russia and reported a foreign trade of USD 7.59 billion in 2014.
- Russia allows ruble to fall, stokes uncertainty
Russia's Central Bank eased its defense of the embattled ruble, which fell sharply and triggered a sell-off in stocks as the country faces ...