A woman walks past a screen showing the currency exchange rates of U.S. dollars to Russian rubles in St. Petersburg last July. (Dmitri Lovetsky/AP) Perspective by Ekaterina Pravilova The Russian ...

That comes after the value of the ruble cratered following Russia’s invasion of Ukraine and was at one point worth less than a penny. After Russia invaded Ukraine in February, the U.S. and ...

Even as Russia marks a historic default on its debt, the nation's currency is gaining strength. The ruble hit a new high against the dollar this week, continuing its streak as the best-performing ...

Brendan Cole is a Newsweek Senior News Reporter based in London, UK. His focus is Russia and Ukraine, in particular the war started by Moscow. He also covers other areas of geopolitics including ...

From reproductive rights to climate change to Big Tech, The Independent is on the ground when the story is developing. Whether it's investigating the financials of Elon Musk's pro-Trump PAC or ...

The ruble has slumped so severely this year that Russian President Vladimir Putin issued a rare verbal intervention, telling the central bank and government to work together to halt outflows and ...

Russia's Central Bank announced that Sberbank, as well as two other financial institutions—Tbank and Tochka Bank, had officially joined the country's digital ruble pilot program. Newsweek has ...

The Russian ruble has been declining steadily and reached a 17-month low this week, tumbling past 100 rubles to the U.S. dollar. This gives the ruble less value than a single American cent and ...

On Thursday, November 28, Russian President Vladimir Putin addressed the sudden and sharp fall in the ruble, reassuring the public: "The situation is under control; there's no reason to panic." ...

Russia's ruble has fallen a long way in recent months, and the country’s central bank has stepped in to try to halt the slide. Until now, the government stood aside as the declining ruble helped ...