Russia’s ruble is still worth less than a penny, and the Kremlin’s piggy bank for propping it up is running low
Russia's sovereign wealth fund has been tapped repeatedly to prop up the ruble, leaving the Kremlin with less firepower to ...
The ruble’s in a slump. For the Kremlin, that’s a two-edged sword
Russia’s ruble is sagging against other currencies, complicating the Kremlin’s efforts to keep consumer inflation under ...
Putin tells Russians there's no reason to panic as the ruble sinks, but analysts say its economy is in trouble
Russian President Vladimir Putin said the ruble's plunge to two-year lows was no cause for panic.The Russian currency hit its ...
What Collapsing Russian Ruble Means for Ukraine War
The Russian currency has plummeted to its lowest level since the start of Vladimir Putin's full-scale invasion of Ukraine.
Russia tries to stem panic over the plummeting ruble, as the central bank is forced to intervene
The ruble weakened to 114 against the greenback earliest this week — hitting its lowest level since March 2022, shortly after ...
Bank of Russia Says No Emergency Steps Needed to Stabilize Ruble
Russia’s central bank said no emergency steps were required to prop up the ruble as measures already in place were enough to ...
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Russian Central Bank Struggles to Halt Ruble Collapse
The Russian economy is in the throes of a deepening crisis as its currency, the ruble, continues to plummet to record lows, ...
The ruble is down, the price of potatoes is up. But is Russia's economy really in trouble?
The lead story on the front page of Tuesday's edition of Moskovskij Komsomolets, a major state-run newspaper in Moscow, is ...
Ruble Plunge Pressures Bank of Russia for Steeper Rate Hike
A recent slump in the ruble is ramping up pressure on the Bank of Russia to hike its key rate — potentially by the most since ...
Kyiv Independent on MSN2d
Can Russia sustain its war effort as ruble plummets, inflation soars?
With the purchasing power of the Russian ruble hitting the lowest point since March 2022, the economic toll of the full-scale ...
Russian ruble slides amid sanctions
Russia's currency has fallen sharply, putting pressure on the country's strained financial system. Sanctions are partly to ...