A woman looks at a board showing the rates of dollars and euros against the ruble in front of the exchange office on February 19, 2023, in Moscow, Russia. Russia’s economy is beginning to feel the weight of Western sanctions, following the start of the war against Ukraine. Contributor | Getty Images News | Getty … Read more
Touch upon this storyComment The Russian ruble tumbled to its lowest level in 17 months Monday, briefly sliding previous 102 to the greenback and prompting the nation’s Central Financial institution to name a rare assembly Tuesday to debate the extent of its key rate of interest. The ruble has misplaced roughly 1 / 4 of … Read more
LONDON — The Russian ruble on Monday reached its lowest worth for the reason that early weeks of the conflict in Ukraine as Moscow will increase navy spending and Western sanctions weigh on its vitality exports. It led Russia’s central financial institution to announce an emergency assembly for Tuesday to evaluation its key rate of … Read more
This pool picture distributed by Sputnik company exhibits Russian President Vladimir Putin assembly with the Tver area governor on the Kremlin in Moscow on August 9, 2023. Mikhail Klimentyev | AFP | Getty Photographs The Russian ruble slid previous 100 to the U.S. greenback on Monday, nearing a 17-month low as President Vladimir Putin’s financial advisor blamed unfastened financial coverage … Read more