Novak noted that it is guaranteed that in 2026 the psychological mark of 100 rubles per dollar will be overcome, and then the ...

Russia's wartime economy may be starting to feel the strain of the conflict, as Western sanctions finally begin to bite. Last week Russia's currency, the rouble, plunged to its lowest rate against the ...

Although current account deterioration, persistent capital outflows and the Ukraine crisis would seem to weaken rouble, the central bank’s flexible FX regime should keep the currency out of turmoil, ...

MOSCOW, Dec 25 (Reuters) - Russia said on Thursday its currency crisis was over even though its forex reserves have plunged and annual inflation has climbed above 10 percent, adding to the problems ...

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The US sanctions against Gazprombank in the autumn of 2024 led to a fall in the ruble. Imbalances in the Russian economy will ...

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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 currency. The ruble weakened to 114 against ...

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 ...