Page 6 - Sofya Donets News Today

President Vladimir Putin has said Russia, the worlds largest natural gas producer, will soon require unfriendly countries to pay for fuel in roubles, raising alarm about a possible gas crunch in...

The Russian central bank is expected to hold its key interest rate unchanged at 20% on Friday after a sharp emergency rate hike in late February designed to support financial stability, a Reuters... | March 14, 2022

Foreign investors have abandoned Russian markets - and index compiler MSCI could remove it altogether from its stock and bond benchmarks.

A slew of economic sanctions has caused the rouble to plummet to a record low.

While oil last week briefly passed $100 a barrel for the first time since 2014, the gains were partly reversed as the U.S. and European nations avoided sanctioning Moscow’s massive energy supplies for punishment.

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While oil last week briefly passed $100 a barrel for the first time since 2014, the gains were partly reversed as the U.S. and European nations avoided sanctioning Moscow’s massive energy supplies for punishment.

Russian assets nosedived as military attacks across Ukraine prompted emergency central bank action and investors braced for the toughest round of Western sanctions yet, wiping out as much as $259 billion in stock-market value.

MOSCOW—Shares in Russia's two largest lenders, Sberbank and VTB, reversed early losses to trade higher on Tuesday after ...