Russia’s finance minister, Anton Siluanov, told a financial conference in Moscow this week that a weak ruble was “very, very favourable” for exporters — suggesting the Kremlin may be ...
The ruble fell as far as 114.75 to the U.S. dollar, according to data from Investing.com, a level unseen since March 2022, just after Russia started its war in Ukraine. By late trading in Moscow ...
“There is a significant risk that the weakening of the ruble will continue,” said Yevgeny Kogan, a professor at Moscow’s Higher School of Economics. Sanctioned Russian banks cannot conduct ...
“Consequently, the pass-through of the ruble's depreciation to prices is ... currency and dealing with the monetary fallout of Moscow's invasion of Ukraine. The bank then steadily lowered ...
Pedestrians walk past a board listing foreign currency rates against the Russian ruble outside an exchange office in central Moscow on December 16, 2014.Getty Images / KIRILL KUDRYAVTSEV The ...