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Russia’s War Economy Shows New Cracks
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’s War Economy Shows New Cracks After the Ruble Plunges
President Vladimir Putin said there isn’t any reason for Russians to panic after the currency fell to its lowest level since the days following Moscow’s invasion of Ukraine.
The ruble is down, the price of potatoes is up. But is Russia's economy really in trouble?
According to Russia's statistics agency, Rosstat, the price of potatoes has gone up 74 per cent since the beginning of the year. Butter has risen by more than 25 per cent, leading to reports of a string of thefts, forcing some grocery stores to put the blocks under plastic cases.
6h
on MSN
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 ...
14h
on MSN
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 ...
12h
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 ...
1d
Russian Ruble Slump Might Spark Rise In Interest Rates: Report
In response, the Bank of Russia has been raising interest rates to record highs to curb inflation. The bank has said it is ...
Kyiv Independent on MSN
1d
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 ...
4d
on MSN
Russia's ruble drops to more than a 2-year low against the dollar on fresh sanctions and surging tensions
Investors have been spooked after Russia was hit with fresh sanctions and as tensions rose after a hypersonic missile attach ...
1d
on MSN
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 ...
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