Ruble collapse: Will it have impact on Russia's war in Ukraine
The official exchange rate of the Russian ruble against the US dollar has fallen to its lowest level since March 2022, when Western countries imposed sweeping sanctions in response to Russia's invasion of Ukraine.
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 the uproar over the rising price of potatoes.One lawmaker is calling on the country's prosecutor general to investigate the surging cost of this household staple,
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.
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 the start of the war on Ukraine.
Russian Ruble Collapses As Putin's Economy in Trouble
The Russian currency has hit a two-year low against the U.S. dollar, reaching 107 on Tuesday, as sanctions continue to hit the country's economy.
Ruble collapse sparks outrage as food prices soar in Russia
The ruble has significantly depreciated, causing concern among Russians about rising food prices and prompting open criticism of Putin's officials. "We would like to see Russia descend into an economic crisis,
Russia’s economy nears meltdown as ruble plummets
The Russian ruble has dropped to a record low not seen since the early weeks of the conflict in Ukraine. This sharp decline follows the implementation of new U.S. sanctions targeting Russian banks, including Gazprombank,
What Does Ruble's Sharp Fall Mean for Russia's Economy?
Since its invasion of Ukraine in February 2022, Russia has faced a wave of sanctions from Western powers led by the U.S. Russia's ailing war economy has relied on heavy state inte
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 ...
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Kremlin bots spin ruble plunge to soothe Russian citizens
Kremlin bots have launched an offensive to persuade VKontakte social network users that the sharp decline in the ruble's ...
Global News2d
Russia’s ruble has plunged amid fresh sanctions as wartime economy strains
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 ...
Digital Journal8d
Russian ruble hits lowest level against dollar since March 2022
“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 ...
MercoPress1y
Russia/Ukraine conflict, ruble collapses and Moscow forced to hike interest rate
“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 ...
Yahoo Finance2d
US Sanctions Hit Ruble as Russia’s FX Sources Are Drying Up
The ruble has fallen almost 8% against the dollar ... when the US sanctioned the Moscow Exchange — which immediately halted dollar and euro trading. On Wednesday, the bank also said it wouldn ...