Russian Ruble
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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 cuts off gas supply to neighbouring Finland over payment disputeThe measure taken by the Russian energy giant Gazprom was in line with an earlier announcement following Helsinki's refusal to pay for the gas in rubles.WorldMay 21, 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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European gas buyers navigate Russian ruble order as supply threat easesRussian President Vladamir Putin has demanded payments for his country's gas be made in rubles, a move aimed at halting additional sanctions.WorldApr 1, 2022
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Stocks swing, Russian ruble plunges as West ratchets up sanctions over Ukraine invasionThe Dow Jones Industrial Average fell 188.13 points, or 0.55 per cent, at the open to 33,870.62.EconomyFeb 28, 2022
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Russian ruble drops record 30%, analysts expect ‘complete collapse’ soonRussia's central bank (CBR) announced a slew of measures on Sunday to support domestic markets, as it scrambled to manage the fallout of Western sanctions.WorldFeb 28, 2022
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Russia’s central bank to intervene as ruble crashes to all-time low amid Ukraine attackRussia's currency, bonds and stocks all tanked, prompting the central bank to announce its first foreign exchange intervention designed to shore up financial stability since 2014.WorldFeb 24, 2022
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