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Russian central bank intervenes
Russian central bank takes desperate stand to halt collapsing ruble and fierce inflation
Worth a fraction of a penny now, the ruble has fallen to lows not seen since March 2022 in the early days of the war against Ukraine.
Russian Central Bank Struggles to Halt Ruble Collapse
The Russian economy is in the throes of a deepening crisis as its currency, the ruble, continues to plummet to record lows, prompting a series of emergency measures by the country’s central bank.
Bank of Russia Says No Emergency Steps Needed to Stabilize Ruble
Russia’s central bank said no emergency steps were required to prop up the ruble as measures already in place were enough to stabilize the market situation.
Russian Central Bank Steps In After Ruble Slides
Russia's central bank announced emergency measures on Wednesday after the ruble slumped to its lowest level against the US dollar in over two-and-a-half years.
Russian central bank intervenes as rouble tumbles past 110 to the dollar
Russia's central bank said on Wednesday it would stop foreign currency purchases in order to ease pressure on the financial markets after the rouble weakened beyond 110 to the U.S. dollar, down by one-third since early August.
Ruble Plunge Pressures Bank of Russia for Steeper Rate Hike
A recent slump in the ruble is ramping up pressure on the Bank of Russia to hike its key rate — potentially by the most since the start of the war on Ukraine.
Russian rouble may reach 115-120 per US dollar by year-end – Reuters
The Russian rouble has fallen by over 24% since early August and is likely to continue weakening. Source: Reuters, citing economic analysts Details: The key driver of the rouble’s depreciation is significant capital outflow from Russia's stock market,
Russian rouble weakens beyond 110 to US dollar, down by one quarter since August
The Russian rouble weakened beyond the 110 mark to the U.S. dollar on Wednesday, a threshold that some analysts believe could prompt authorities to take action to support the currency, which has fallen by more than 24% since early August.
6h
on MSN
Russia’s ruble is still worth less than a penny, and the Kremlin’s piggy bank for propping it up is running low
Russia's sovereign wealth fund has been tapped repeatedly to prop up the ruble, leaving the Kremlin with less firepower to ...
15h
Russian Ruble Plunge Hurting Chinese Companies: Report
The Russian currency has hit a 32-month low against the U.S. dollar as the wartime economy faces another blow.
16h
Russia’s economy flatters to deceive
Western commentators should take care not to be misled by statistics that the Kremlin has turned into a weapon of war ...
2d
on MSN
The advent of Trump means it is time to act, and seize Russia’s central bank reserves
The outcome of Donald Trump’s victory in the US elections has produced various winners and losers, with Ukraine falling into ...
17h
on MSN
The Russian Economy's Biggest Problem Right Now
Putin has a long list of economic concerns. So we asked the experts: What is the Russian economy's greatest vulnerability?
1d
Russia's Rosneft may delay refinery modernisation due to high interest rates, taxes
Rosneft , Russia's largest oil producer, said on Friday it may delay modernizing its refineries due to high interest rates ...
2d
on MSN
Russian sanctions bite as Putin's inner circle turns on dictator over Ukraine war
EXCLUSIVE: Vladimir Putin's former speechwriter says the Russian President's economic woes are "an indicator that he is ...
2d
on MSN
What Does Ruble's Sharp Fall Mean for Russia's Economy?
The Russian ruble has experienced a sharp fall in value against the U.S. dollar, weakened in recent days by the U.S. Treasury ...
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