The Kremlin is preparing to introduce a digital ruble to gain full control over citizens. The new currency will allow Russian ...

The chances of a banking crisis in Russia have increased amid high interest rates, a Kremlin-linked think tank has warned.

Rosneft operated in the context of continuous deterioration of the macroeconomic environment, which included lower prices and wider discounts for Russia’s Urals crude oil, new sanction restrictions, ...

Now add to the list of worries: a swooning ruble ... on the Russian economy at the Bank of Finland’s Institute for Economies in Transition, told RFE/RL. “But cooling growth is no sign of ...

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 ...

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." ...

With the purchasing power of the Russian ruble hitting the lowest point since ... finished metal products and optics and computers), there is no sign of any cooling." Russian President Vladimir ...

Russian Rubles to be accepted from August 1 ... ensuring that all customers enjoy seamless transactions during their travels. Sign up for the Daily Briefing Get the latest news and updates ...

The ruble gained against the U.S. dollar on Thursday after Russian President Vladimir Putin moved to reintroduce currency controls in an effort to salvage his nation's tumbling currency.

After the Russian ruble crossed its psychologically important mark of 100 per US dollar, the Central Bank of Russia (CBR) called an emergency meeting to stem the currency's further decline.

LONDON — When Vladimir Putin addressed top economic officials last week after a bruising month in which the Russian ruble plummeted ... of workers in July. In a sign of increasing desperation ...