The Russian ruble has experienced a sharp fall in value against the U.S. dollar, weakened in recent days by the U.S. Treasury's imposition of fresh sanctions on dozens of Russian banks, including the ...

Russia’s ruble has outpaced every major currency against the dollar this year, a rally that caught policymakers off guard and threatens to undermine the nation’s wartime economy.

In the first four months of the year, oil and gas revenues fell by 10.3% to $41.4 billion. The decrease in tax revenues is due to the fall in the ruble value of Russian oil in recent months due to the ...

The U.S. and its allies are announcing additional sanctions against the Russian financial system over the invasion of Ukraine. The Russian ruble tanked on Monday, with the currency's value falling to ...

The ruble extended a sell-off on Monday, dropping to the lowest level against the dollar since 2022. Investors were spooked after new sanctions were imposed on Gazprombank. Tensions with the West, ...

Nearly 18 months after launching its full-scale invasion of Ukraine, the Russian government is facing significant economic challenges, with the country's currency, the ruble, plunging in value on ...

With the purchasing power of the Russian ruble hitting the lowest point since March 2022, the economic toll of the full-scale invasion of Ukraine becomes glaring. Russia's expanding spending on the ...

Russia's ruble is sagging against other currencies, complicating the Kremlin's efforts to keep consumer inflation under control with one hand even as it overheats the economy with spending on the war ...