Russia will be an important issue for President Donald Trump as he takes charge today.

The Reserve Bank of India (RBI) recently took feedback from banks and financial institutions dealing with Russian funds registered in India...

Russia may miss its revenue target for 2024 and be forced to increase business taxes if the rouble strengthens more than expected and econo...

Capital controls have helped insulate the rouble against geopolitics in the 16 months since Russia invaded Ukraine, but mercenary leader Ye...

Mercenaries led by Yevgeny Prigozhin withdrew from the southern Russian city of Rostov-on-Don overnight on Saturday under a deal that halte...

The rupee-rouble settlement mechanism drawn up after the invasion of Ukraine shows the barriers in India’s plan to make the INR a globally ...

The government and the Reserve Bank of India (RBI) will need to guide the banking system through the evolving situation. Although climbing ...

Ensuring Russian oil supply is critical for the rupee-dollar exchange rate that determines the bill for Indian energy imports from traditio...

The pension increase comes into effect from June 1, while the minimum wage hike kicks in on July 1. Analysts said the steps would not preve...

Against the euro, the rouble firmed by more than 5% to 60.86 after touching 59.02, its highest since June 2015.The rouble is driven by expo...

The rouble is now driven by export-focused companies that are obliged to sell foreign currency as well as by month- and quarter-end tax pay...

Trade between India and Russia can be directly settled without involving dollar or euro or any other convertible currency.

Russian residents are not allowed to buy stakes in companies that are not Russian residents without the central bank's permission until the...

The central bank has more than doubled its key interest rate to 20% and the government has rolled out support measures, but the rouble has ...

Overnight Fitch said that U.S. and European Union sanctions prohibiting any transactions with the Bank of Russia would have a "much larger ...

Moves to block some Russian banks from the SWIFT global payments system and freeze the Bank of Russia's reserves are expected to deal a sev...

The Indian currency has lost about 8.6% so far this year as the dollar has been climbing.