Moscow adopted the yuan-to-ruble exchange rate as benchmark after the US expanded sanctions against it. The US sanctions forced the Moscow Exchange to end dollar and euro trading, causing market ...
Russia’s monetary authority has updated the rules for opening digital ruble accounts, and the end result is a complicated ...
The digital ruble will roll out nationwide on September 1. Muscovites can also top up transport cards using central bank ...
Net foreign currency sales by Russia’s 29 largest exporters fell to $4.7 billion in December, the Central Bank said, the ...
A man walks past a currency exchange office in Moscow, Russia, Monday, Aug. 14, 2023. Russia’s central bank made a big interest rate hike of 3.5 percentage points on Tuesday, Aug. 15, 2023, an ...
Russia's Central Bank has hiked interest rates at its first emergency meeting since the start of Moscow's full-scale invasion of Ukraine, after the ruble plummeted against the dollar. The bank's ...
Russia’s ruble-backed stablecoin A7A5 has surpassed more than $100 billion in transactions in less than a year.
Russia's ruble is so strong it could hurt the country's businesses that rely on exports, the country's minister of economic development warned Wednesday. After hitting all-time lows in the first weeks ...
Vladimir Putin’s luck may be running out now that the ruble plunged below one cent, the lowest level against the U.S. dollar since the early days of his war in Ukraine. The Russian president, who ...
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 ...
Falling oil prices and fears about capital flight helped push the Russian ruble to its weakest level against the U.S. dollar in a year on Monday, the latest milestone in what has been a dramatic ...
Russia's ruble is the world's top-performing currency against the dollar in recent weeks. The ruble has jumped more than 10% since hitting a trough of around 100 against the greenback early last month ...