Page 17 - Ruble News Today

Russia's currency briefly fell past 100 against the dollar on Tuesday, continuing to weaken on signs that the country's economy is facing slower growth and higher inflation amid the war in Ukraine.

The currency has been significantly weaker since the start of the year, in a sign of the financial volatility prompted by the war in Ukraine.

New York Times: The cases against Trump will be good for Russia, Putin says.

As the Russian ruble has slumped to post-invasion lows in recent months, talk of a possible exodus among millions of Central Asian labor migrants has bubbled to the surface.

Putins promises of expanded trade links and reliability in working in Russia are being overshadowed by the concerns of high inflation, foreign sanctions, asset seizures, and the windfall profit tax.

Russia's Central Bank announced Wednesday that it plans to step up support for the ruble, which has gradually weakened over the past 18 months due to Western sanctions over Moscow's invasion of Ukraine.

ALBAWABA - The fundamental law governing the launch of the "Digital Ruble" in Russia came into effect today, starting from the first Tuesday of August 2

Plus: Fukushima fish.

Russian gas producer Gazprom said Tuesday it posted an 8.5-fold drop in its net income for the first half of the year as Europe turned away from...

The authoritarian regime needs a way to get around Western sanctions.