Russia's Urals oil export blend hit its highest price since October 2023, reaching $94.87 a barrel for tax purposes this month. This surge,...

A remarkable discovery of 409 gold coins, hidden for over a century, was unearthed beneath a house in Torzhok, Russia. The coins, dating fr...

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...

Against all odds, the Russian ruble has risen impressively against the dollar, leaving officials astonished. This unexpected improvement is...

Russian oil companies, including Rosneft, experienced a significant profit decline in the first half of the year. This downturn was attribu...

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

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...

"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...

Ursula von der Leyen, the President of the European Commission, accused Russia of blackmailing the bloc. Russian spokesperson Dmitry Peskov...

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

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...

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

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 Central Bank eased its defense of the embattled ruble, which fell sharply and triggered a sell-off in stocks as the country faces ...