The Russian ruble continued its recent downtrend against the US dollar, even as the country became a major beneficiary to the ongoing Iran war. The USD/RUB exchange rate rose to 80.33, its highest ...

Oligarch O Oleg Deripaska has demanded weakening of the Russian ruble and a sharp cut in the key rate to prepare the economy for a possible global crisis due to the conflict in the Middle East, writes ...

Investors are betting that a peace deal and sanctions relief would boost Russian asset values. Even if that happens, plenty of uncertainty remains.

Despite the easing of U.S. sanctions against Russian oil and a rise in prices for Russian grades to $70-80 per barrel, the ...

The Russian ruble has staged a stunning rally in 2025, emerging as the world's top-performing currency so far this year. According to the Bank of America, it has been the best-performing currency ...

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 ...

The lead story on the front page of Tuesday's edition of Moskovskij Komsomolets, a major state-run newspaper in Moscow, is the uproar over the rising price of potatoes. One lawmaker is calling on the ...

Russia’s banking system is facing a sharp shortage of Chinese yuan, the de facto main foreign currency still available for international trade, driving borrowing costs sharply higher and adding ...

The plunging value of the Russian currency, the ruble, has caused exporters in China to suspend sales on Russia's e-commerce platforms, it has been reported. The ruble hit a 32-month low this week of ...

Russian authorities are trying to stem panic over the ruble's sharp fall this week, with the central bank stepping in to suspend the currency in a situation, while Kremlin flagged an unnecessary ...

The plunging Russian currency, the ruble, has added to inflationary pressures in Russia, British officials have said, as the country faces further economic turbulence exacerbated by the ending of its ...