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RUSSIAN RUBLE
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...
Russian proverb of the day: “There is no shame in not knowing…” Life lessons on learning, curiosity, personal growth, and why refusing to learn stops success and confidenceThis Russian proverb explains the importance of learning and curiosity in life. It highlights that not knowing something is normal, but ref...
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 earns less from oil and spends more on war. So far, sanctions are working like a slow poisonThe emergency interest rate increase in Russia cannot hide the dilemma at the heart of the Russian economy: how to fund the military while ...
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...
Moscow tightens economic grip on southern UkraineSince Russia sent troops into Ukraine on February 24 and captured territories in the south of the pro-Western country, Moscow has sought to...
Russia will gradually transfer gas payments to rubles: KremlinRussian President Vladimir Putin said last week that Moscow will now only accept rubles as payment for natural gas deliveries to "unfriendl...
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...
What does sanctions on Russian Central Bank mean?Among the actions taken by the US and its allies, they have decided to disconnect sanctioned Russian banks from SWIFT- the global interbank...
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 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....
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.
- Russian government to buy stocks to ease credit crunch
Russia's state-controlled bank VEB will invest up to $184.5 mn daily to buy stocks in the Russian bourses to ease the effects of the ongoin...