Since early December, the Russian ruble has continued to strengthen against global currencies: on Dec. 7, it reached a value ...
Anatoly Aksakov’s remarks mirror the Russian Central Bank’s stance to prohibit the use of crypto assets for payments.
Cryptocurrency mining has expanded to the point of influencing the Russian currency market and should be factored into its balance of payments, according to a representative of the Kremlin. The sector ...
Russia's currency woes will deepen, according to the Carnegie Endowment. Researchers at the think tank say the main factors driving the ruble's decline will persist. Russia has few options to prop up ...
LONDONLONDON — The Russian ruble on Monday reached its lowest value since the early weeks of the war in Ukraine as Moscow increases military spending and Western sanctions weigh on its energy exports.
Russia's ruble has fallen a long way in recent months, and the country’s central bank has stepped in to try to halt the slide. Until now, the government stood aside as the declining ruble helped its ...
Russia is inching closer to its first yuan-denominated sovereign bond sale, aiding China’s push to raise the global standing of its currency.
The Russian government’s oil proceeds shrank by almost a third in November from a year ago as weaker crude prices and a ...
A man walks past a currency exchange office in Moscow, Russia, Monday, Aug. 14, 2023. Russia’s central bank made a big interest rate hike of 3.5 percentage points on Tuesday, Aug. 15, 2023, an ...
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