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August 31, 2023
Russia's ruble has fallen a long way in recent months, and the country’s central bank has stepped in to try to halt the slide. Until now, the government stood aside as the declining ruble helped its ...
August 31, 2023
Russias ruble has fallen a long way in recent months, and the country’s central bank has stepped in to try to halt the slide.
August 18, 2023
Russia is selling less abroad, mainly reflected in falling revenue from oil and natural gas, and it's importing more
August 16, 2023
Russias ruble has fallen a long way in recent months, and the countrys central bank has stepped in to try to halt the slide.
August 15, 2023
The Russian ruble has fallen a long way in recent months, and the countrys central bank is stepping in to halt the slide. It also wants to stop the inflation
August 15, 2023
Previously, Russia saw a large trade surplus because of high oil prices and plummeting imports after Russia invaded Ukraine. But oil prices have dipped this year, and it’s more cumbersome for Russia to sell its oil due to Western sanctions, including price caps on crude and oil products like diesel.
August 15, 2023
A weaker currency also poses the threat of higher prices for everyday people in Russia — and the government has finally moved to halt the drop.