Ruble

• Russia’s central bank hikes interest rate to 12% as ruble dips

  The Russian currency passed 101 rubles to the dollar on Monday, losing more than a third of its value since the beginning of the year.

  World

  Aug 15, 2023
  
• Russian ruble sinks to lowest level since the start of Ukraine war

  On 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.

  World

  Aug 14, 2023
  
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• Russia’s economy has avoided collapse so far, but trouble is looming. Here’s why

  While Vladimir Putin declares victory over the West's "economic blitzkrieg," experts say trouble is around the corner amid dwindling reserves and further sanctions.

  World

  Apr 23, 2022
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• Ruble rebounds despite Western sanctions as Russia cuts interest rates

  Since 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.

  Economy

  Apr 8, 2022
• Here’s what happens if Europe sanctions Russian oil

  The 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.

  World

  Apr 6, 2022
• Russian gas exports don’t need to be paid in rubles for now, says Kremlin

  Russia will not immediately demand that buyers pay for its gas exports in rubles, the Kremlin said on Wednesday, promising a gradual shift instead.

  World

  Mar 30, 2022
• Russia won’t give Europe free gas as G7 rejects ruble demand

  At 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.

  World

  Mar 28, 2022
• Bills in rubles for Russian gas exports days away, Moscow tells West

  The shift to payment in rubles would be Moscow's toughest response yet to crippling sanctions imposed by the West for the invasion of Ukraine.

  World

  Mar 25, 2022
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• Burger King says business partner ‘refused’ to end operations in Russia

  Burger 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.

  Economy

  Mar 18, 2022
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• Cryptocurrency a ‘double-edged sword’ in Ukraine-Russia war, experts say

  Cryptocurrency has become a useful tool on both sides of the Russia-Ukraine war, with experts arguing it won't ruin sanctions but could help civilians affected by the conflict.

  Money

  Mar 3, 2022