Russia adds fresh capital controls to prop up ruble, but Kremlin is 'applying a Band-Aid to gangrene'

Tech Insider : Economy
Russian President Vladimir Putin attending the final stage of the 3rd International Olympiad on Financial Security on October 4, 2023.
Russian President Vladimir Putin attending the final stage of the 3rd International Olympiad on Financial Security on October 4, 2023.

MIKHAIL METZEL/POOL/AFP via Getty Images

Russia rolls out currency controls in a bid to revive the ruble, which has cratered against the dollar this year

Tech Insider
Russia ruble ATM
Russia brought back some currency controls late Wednesday, in a bid to prop up the slumping ruble.

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