You Searched For "ruble" and got 20 results
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2 mins read
Stock market today: Indexes rise as tech tries to bounce back after chip rout
Jobless claims came in higher than anticipated, bolstering hopes that the Federal Reserve can cut i…
Filip De Mott
2 mins read
China's yuan will take over as Russia's main trade currency 'once and for all' as US sanctions get tighter, think tank says
Ruble volatility will get worse in Russia amid fresh US sanctions, but this offers a way for the Ch…
Filip De Mott
1 min read
China's yuan is tumbling amid US sanctions and as central banks boost dollar holdings
China's yuan fell to its lowest value against the ruble in a year as holders eye the impact of sanc…
Jennifer Sor
2 mins read
Russia adopts Chinese yuan-to-ruble as benchmark exchange rate after US sanctions force a further move away from the dollar
Russia's central bank said on Thursday that the currencies from "friendly countries" and the ruble …
Huileng Tan
1 min read
Russia shuts down dollar and euro trading after sweeping US sanctions take aim at Moscow's financial lifelines
Russians were lining up at one lender that was still offering dollars after trade was restricted fo…
Filip De Mott
1 min read
Russia is doubling down on its de-dollarization efforts as Putin calls to reduce use of 'toxic' currencies
Russia's use of "toxic" currencies has been slashed in half over the past year, Putin said.
Jennifer Sor
2 mins read
Russia's biggest energy company says it'll take it at least 10 years to recover gas sales lost because of the Ukraine war
The gas giant's export volumes won't return to pre-war levels until at least 2035, a firm-commissio…
Filip De Mott
1 min read
The ruble is gaining and is the world's best performing currency versus the dollar in recent weeks amid rate hikes and energy costs
The ruble has jumped more than 10% since hitting a trough of around 100 against the greenback early…
Jennifer Sor
1 min read
Russian ruble sinks to level that previously triggered emergency measures from Moscow
The last time the ruble deteriorated past the 100-per-dollar threshold, Russia's central bank hiked…
Filip De Mott
2 mins read
Russia adds fresh capital controls to prop up ruble, but Kremlin is 'applying a Band-Aid to gangrene'
Western companies exiting Russia must sell assets in rubles or else face delays and perhaps losses …
Filip De Mott
1 min read
Russia hikes rates to 13% in scramble to lower inflation and prop up the sagging ruble
"Significant inflationary risks have crystallised," the Bank of Russia said in a statement on Frida…
Jennifer Sor
2 mins read
Russia saw its oil revenue double in April despite Western sanctions
Strong global demand and supply fears driven by geopolitical risks have helped bolster Russia's ene…
Yuheng Zhan
1 min read
Russia rolls out currency controls in a bid to revive the ruble, which has cratered against the dollar this year
Moscow is trying to prop up the slumping ruble, which has shed around a quarter of its value this y…
George Glover
2 mins read
Russian ruble slumps to 18-month low as Israel-Hamas war sends US dollar higher in flight to safety
The Russian ruble weakened further as Hamas' deadly attack on Israel caused investors to seek safet…
Jennifer Sor
1 min read
Russian energy giant Gazprom reported its first annual loss in 24 years amid Western sanctions
Sanctions and broader energy market factors weighed on profits. Shares of the energy giant saw thei…
Yuheng Zhan
2 mins read
The CEO of Russia's biggest bank says the ruble is 'unjustifiably undervalued,' despite Putin downplaying the currency's weakness
Herman Gref, Sberbank's CEO said the Russian currency should be trading at 80 to 85 rubles to the U…
Huileng Tan
1 min read
Former Kremlin official blames the ruble's crash on Russia's stockpile of rupees that's stranded in India
"We have nothing to buy in India, but we cannot return these rupees, because the rupee is an inconv…
Filip De Mott
2 mins read
Russian ruble hits 16-month low as currency takes a beating from Ukraine invasion
The Russian ruble fell to its lowest level in 16 months on Monday morning as the currency continues…
Joseph Wilkins
2 mins read
The dedollarization drive is facing a confidence crisis as the yuan, ruble and Argentine peso simultaneously plummet, an analyst says
"The recent decline and volatility in the Chinese Yuan, the Russian Ruble, and to a lesser extent t…
Zahra Tayeb
1 min read
Russia eyes more extreme measures to prop up the ruble after it crashes to less than a penny
Kremlin officials have discussed reviving a requirement on companies to sell export revenue, source…