Russia Struggles to Contain Resurgent Inflation
Fast-rising prices are a worry for the government, which has sought to shield Russians from the impact of the war and sanctions
Source: wsj.com
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Ukraine update: Emergency rate hike fails to stop rouble's slide; Russian missiles hit civilian targets
Russia imposed an emergency interest rate hike and said another was possible as it tried to stem a plunge in the rouble.
Source: dailymaverick.co.za
Russian rouble hits 16-month low as military spending rises and exports fall
Russia’s currency has lost about 25 per cent of its value this year and weakened past 100 roubles to the dollar in early trading on Monday.
Source: afr.com
Kremlin Unfazed as Ruble Crashes Through 100 vs. Dollar
The Russian ruble’s slide past 100 against the dollar has exposed a multi-billion dollar dilemma at the heart of the Russian economy: how can the Kremlin carry on funding its war against Ukraine without triggering a surge in inflation and fresh fears of an economic crisis at home?
Source: themoscowtimes.com
'Unsettled' Moscow residents tighten belts as ruble tanks
In central Moscow, retired businessman Igor Inkin is preparing to turn down simple pleasures like dessert as the value of the ruble in his pocket
Source: digitaljournal.com