Ruble
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Russia’s ruble has plunged amid fresh sanctions as wartime economy strainsRussia's central bank said on Wednesday it would stop foreign currency purchases for the rest of the year after the ruble weakened beyond 110 rubles to the U.S. dollar.WorldNov 27, 2024
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Russia’s central bank hikes interest rate to 12% as ruble dipsThe Russian currency passed 101 rubles to the dollar on Monday, losing more than a third of its value since the beginning of the year.WorldAug 15, 2023
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Russian ruble sinks to lowest level since the start of Ukraine warOn Monday, the Russian currency passed 101 rubles to the dollar, continuing a more than 25% decline in its value since the beginning of the year.WorldAug 14, 2023
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Russia’s economy has avoided collapse so far, but trouble is looming. Here’s whyWhile Vladimir Putin declares victory over the West's "economic blitzkrieg," experts say trouble is around the corner amid dwindling reserves and further sanctions.WorldApr 23, 2022
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Ruble rebounds despite Western sanctions as Russia cuts interest ratesSince an initial round of sanctions over Russia's annexation of Ukraine's Crimea region in 2014, the Kremlin has tried to insulate its economy from financial penalties.EconomyApr 8, 2022
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Here’s what happens if Europe sanctions Russian oilThe European Commission has proposed a ban on Russian coal imports as part of a sweeping new package of sanctions on Moscow, and EU officials say oil could be next.WorldApr 6, 2022
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Russian gas exports don’t need to be paid in rubles for now, says KremlinRussia will not immediately demand that buyers pay for its gas exports in rubles, the Kremlin said on Wednesday, promising a gradual shift instead.WorldMar 30, 2022
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Russia won’t give Europe free gas as G7 rejects ruble demandAt a meeting of European Union leaders on Friday, no common position emerged on Russia's demand last week that "unfriendly" countries must pay in rubles, not euros, for its gas.WorldMar 28, 2022
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Bills in rubles for Russian gas exports days away, Moscow tells WestThe shift to payment in rubles would be Moscow's toughest response yet to crippling sanctions imposed by the West for the invasion of Ukraine.WorldMar 25, 2022
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Burger King says business partner ‘refused’ to end operations in RussiaBurger King's attempts to pull out of Russia amid its conflict with Ukraine are being stymied by an uncooperative business partner running its operations there, its parent says.EconomyMar 18, 2022
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