Russia’s ruble has outpaced every major currency against the dollar this year, a rally that caught policymakers off guard and ...

The Russian ruble has experienced a sharp fall in value against the U.S. dollar, weakened in recent days by the U.S. Treasury's imposition of fresh sanctions on dozens of Russian banks, including the ...

When you’re a Russian retiree living on a limited income, it’s bad enough trying to contend with skyrocketing prices for staples like eggs, potatoes, or butter. Now add to the list of worries: a ...

The U.S. and its allies are announcing additional sanctions against the Russian financial system over the invasion of Ukraine. The Russian ruble tanked on Monday, with the currency's value falling to ...

With the purchasing power of the Russian ruble hitting the lowest point since March 2022, the economic toll of the full-scale invasion of Ukraine becomes glaring. Russia's expanding spending on the ...

As suited traders stare at their screens on global foreign currency markets, migrant workers from Central Asia are paying just as much attention in cities across Russia. With the US dollar tanking in ...

Russia's ruble is sagging against other currencies, complicating the Kremlin's efforts to keep consumer inflation under control with one hand even as it overheats the economy with spending on the war ...

The ruble extended a sell-off on Monday, dropping to the lowest level against the dollar since 2022. Investors were spooked after new sanctions were imposed on Gazprombank. Tensions with the West, ...

Russia's ruble is sagging against other currencies, complicating the Kremlin's efforts to keep consumer inflation under control with one hand even as it overheats the economy with spending on the war ...

Truth matters. Community matters. Your support makes both possible. LAist is one of the few places where news remains independent and free from political and corporate influence. Stand up for truth ...