The plunging Russian currency, the ruble, has added to inflationary pressures in Russia, British officials have said, as the ...
Russia's Central Bank announced that Sberbank, as well as two other financial institutions—Tbank and Tochka Bank, had officially joined the country's digital ruble pilot program. Newsweek has ...
For example, a nominal depreciation of the ruble from 20 rubles per dollar to 25 per dollar would, by itself, make it easier for Russian exporters of steel and wood products to compete in world ...
The Russian ruble has been declining steadily and reached a 17-month low this week, tumbling past 100 rubles to the U.S. dollar. This gives the ruble less value than a single American cent and ...