"The key rate effect clearly manifested in two channels at once, the interest and the currency ones. High rates became one of main factors of ruble appreciation, and along with the demand cooldown it ...

Russia’s central bank cut interest rates by 100 basis points on Friday, bringing the key rate down to 20% for the first time ...

Russian Central Bank Governor Elvira Nabiullina and her deputy Alexei Zabotkin addressed a news conference on Friday after ...

Inflation in Russia hit 8.3% in the first quarter of the year, with the effects of the war in Ukraine continuing to be felt ...

The Russian ruble has staged a stunning rally in 2025, emerging as the world's top-performing currency so far this year.

Today, the dollar exchange rate on the Russian interbank market fell below 78 rubles for the first time since May 31, 2023 ...

The concept of a Russian ruble stablecoin received special attention at a major local crypto event, the Blockchain Forum in Moscow, with key industry executives reflecting on some of the core ...

With the US dollar tanking in value amid global market turmoil since the Trump administration unveiled a massive tariffs package, the Russian ruble has risen sharply. This means migrants in Russia ...

Russia's ruble is the top-performing currency of 2025 relative to the US dollar. Greenback weakness and Russian interest rates have strengthened the ruble. But a stronger currency could weigh on ...

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 ...

The ruble has tumbled 9% against the dollar since Nov. 21, when the U.S. sanctioned some 50 Russian banks, including Gazprombank, which has emerged as a top linchpin for Russia in currency markets.