The Russian ruble rallied against the dollar after the release of American Marc Fogel from a Russian prison. The Trump ...

The Russian central bank maintained its interest rate at 21% amid a ruble rally and criticism over high rates stifling the economy. Inflation forecast for 2025 was raised, with expectations to hit the ...

The Russian ruble has been declining steadily and reached ... economy will take the pain," even if the government were to "cut back on spending, including on its armed forces, to reduce imports." ...

The assessment added: "However inflationary pressures are also likely intensifying, in part due to the recent depreciation of the ruble." It comes after, on December 20, the Russian Central Bank ...