Russia's ruble is sagging against other currencies, complicating the Kremlin's efforts to keep consumer inflation under control with one hand even as it overheats the economy with spending on the war ...
The Russian ruble has experienced a sharp fall in value against the U.S. dollar, weakened in recent days by the U.S. Treasury's imposition of fresh sanctions on dozens of Russian banks, including the ...
The plunging value of the Russian currency, the ruble, has caused exporters in China to suspend sales on Russia's e-commerce platforms, it has been reported. The ruble hit a 32-month low this week of ...
Stream NBC 5 for free, 24/7, wherever you are. Russian authorities are trying to stem panic over the ruble's sharp fall this week, with the central bank forced to intervene on Wednesday to support the ...
Russia's biggest bank has joined the country's digital currency scheme, which could help the economy weather turbulence caused by sanctions. Russia's Central Bank announced that Sberbank, as well as ...
As the Russian government reportedly eyes ruble-backed stablecoins, a local industry executive warned that a viable “Tether replica” would require a lot of effort. The concept of a Russian ruble ...
The ruble has come off its lows from earlier in the week after the central bank halted all foreign currency purchases for the remainder of the year, but it remains battered—and resources for ...