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The Russian currency has fallen 11% against the yuan on the Moscow Exchange to 13.26, the lowest level since May. Last year, the ruble twice broke through the 100-per-dollar mark.
The sanctions-induced pain for the Russian ruble might not be over. The currency’s plunge versus the dollar leaves it on track for its biggest weekly loss in more than three years, as traders ...
The Russian ruble exchange rate has again fallen to 100 against the dollar. The head of the Central Bank of Russia, Elvira Nabiullina, warns against using administrative measures to support the ...
Before long, the expanding Russian empire demanded more ... the “people’s ruble” should be convertible—to gold, silver, or something else—and the state should not issue money beyond ...
The ruble has fallen steeply against the dollar this year. (Alexander Nemenov/Agence France-Presse/Getty Images) The Russian ruble weakened beyond 100 per U.S. dollar on Monday, extending a slide ...
The ruble also strengthened 1.3 percent to 11.81 against China's yuan. File photo: A Russian ruble coin is pictured with a U.S. dollar bill and a quarter-dollar coin in Moscow on October 10 ...
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 ...
Meduza explains what’s been happening with the ruble and what experts think may lie ahead for the Russian currency this fall. On August 9, the ruble began to experience significant fluctuations. That ...
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." ...