Russia’s War Economy Shows New Cracks

Russia’s ruble is sagging against other currencies, complicating the Kremlin’s efforts to keep consumer inflation under ...
Russia’s ruble is in trouble. The currency has plunged to its lowest rate against the dollar since the weeks after the ...
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 ...
Kremlin bots have launched an offensive to persuade VKontakte social network users that the sharp decline in the ruble's ...