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...

This Russian proverb explains the importance of learning and curiosity in life. It highlights that not knowing something is normal, but ref...

Construction in Torzhok unearthed a remarkable hoard of 409 gold coins, dating from 1848 to 1911, hidden in a ceramic mug. Experts believe ...

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

The emergency interest rate increase in Russia cannot hide the dilemma at the heart of the Russian economy: how to fund the military while ...

Moscow has sought to de-dollarise its transactions and develop alternative payments systems, after many Russian banks were excluded from th...

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...

Since Russia sent troops into Ukraine on February 24 and captured territories in the south of the pro-Western country, Moscow has sought to...

Russian President Vladimir Putin said last week that Moscow will now only accept rubles as payment for natural gas deliveries to "unfriendl...

The ruble is no longer rubble. While the West has imposed unprecedented levels of sanctions against the Russian economy, Russia's Central B...

Among the actions taken by the US and its allies, they have decided to disconnect sanctioned Russian banks from SWIFT- the global interbank...

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...

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 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'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...