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 ...

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 ...

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 ...

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 ...

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 ...

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 ...

Russia's ruble fell further against the dollar in the aftermath of Wagner's mutiny attempt. The currency slipped to around 91 per US dollar, blowing past its optimal value range. The ruble has ...

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 ...