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Russian Ruble

Russia eyes more extreme measures to prop up the ruble after it crashes to less than a penny

Tue, 08/15/2023 - 15:27

Russia's ruble advanced against the dollar and broke with a global trend Friday. — Getty Images

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Russia's central bank bids to prop up the plummeting ruble by hiking interest rates to 12% at an emergency meeting

Tue, 08/15/2023 - 05:00

Tech Insider : Economy

russia central bank — The Bank of Russia raised interest rates to 12% Tuesday, in a bid to prop up the plunging ruble.
Hank5/Getty Images

economy, Markets, Currencies, Ukraine War, Russia, Russian Ruble, Vladimir Putin

Russia says it will halt foreign currency purchases and launch a digital ruble to keep the currency from spiraling further

Thu, 08/10/2023 - 12:01

Putin — Russian President Vladimir Putin
Pavel Golovkin/AP Photo

Markets, Russian Economy, Russia, russia ukraine war, Ruble, Russian Ruble, Currency Wars

Russian inflation is raging at 60%, not the reported 3.6%, thanks to the ruble's 'freefall', top economist Steve Hanke says

Mon, 07/24/2023 - 06:02

Russian President Vladimir Putin sitting in a chair in front of a Russian flag. — Russian President Vladimir Putin in Moscow, Russia on March 30, 2023.
Gavriil Grigorov/Sputnik, Kremlin Pool Photo via AP

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