Since early December, the Russian ruble has continued to strengthen against global currencies: on Dec. 7, it reached a value of only 76 rubles for one U.S. dollar, a figure unseen since May 2023. It ...

Russia's wartime economy may be starting to feel the strain of the conflict, as Western sanctions finally begin to bite. Last week Russia's currency, the rouble, plunged to its lowest rate against the ...

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 ...

In the midst of a long-drawn war, declining oil prices, stiff sanctions, and an economy that's on the downhill, Russia's ruble has been rising. Stream NBC 5 for free, 24/7, wherever you are. In fact, ...

AT FIRST GLANCE, it did not look that different from other sanctions. On November 21st America’s Treasury Department imposed new restrictions on more than four dozen Russian banks, including ...

The plunging Russian currency, the ruble, has added to inflationary pressures in Russia, British officials have said, as the country faces further economic turbulence exacerbated by the ending of its ...