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 ...

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 ...

The Russian ruble has rebounded from crippling economic sanctions imposed on Moscow following the invasion of Ukraine and is now at its strongest in more than seven years — earning it the ...

The USD/RUB exchange rate dropped to 79.48, its lowest level since April 2021, down by 30% from its highest point this year.

The Russian ruble is dominating currency markets, bolstered by wartime monetary policy and a sliding US dollar. So far this year, the tender is up 38% against the greenback in over-the-counter ...

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 ...

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 ...

The digital ruble, a Central Bank-developed electronic currency code, will allow Russia to monitor every transaction, ...

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 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 ...

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 ...

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