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Russia’s War Economy Shows New Cracks
What Collapsing Russian Ruble Means for Ukraine War
The Russian currency has plummeted to its lowest level since the start of Vladimir Putin's full-scale invasion of Ukraine.
Russia’s War Economy Shows New Cracks After the Ruble Plunges
President Vladimir Putin said there isn’t any reason for Russians to panic after the currency fell to its lowest level since the days following Moscow’s invasion of Ukraine.
Russia's economy under pressure as ruble weakens
Russia's currency has hit its weakest level since its invasion of Ukraine. The depreciation of the rubel comes after Washington sanctioned Gazprombank and challenges are mounting for Moscow to manage its war economy.
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's imposition of fresh sanctions on dozens of Russian banks, including the major lender Gazprombank.
19h
The ruble's in a slump. For the Kremlin, that's a two-edged sword
Russia’s ruble is sagging against other currencies, complicating the Kremlin’s efforts to keep consumer inflation under ...
2d
on MSN
Japan's JERA sees no impact on its LNG supply from sanctions on Gazprombank
Japan's top utility JERA sees no impact from new U.S. sanctions on Gazprombank on its procurement of liquefied natural gas ...
JD Supra
15h
OFAC Sanctions the Russian Financial Sector Including Gazprombank, and Issues New GLs and FAQs
On November 21, 2024, the U.S. Department of the Treasury’s Office of Foreign Assets Control (“OFAC”) designated Gazprombank, over 50 ...
16h
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 ...
20h
Currency drop worsens Moscow’s stagflation fears
The Bank of Russia has more serious concerns than having to manage the fallout from U.S. sanctions on Gazprombank, which sent ...
Hosted on MSN
2d
Russia's ruble sinks to 2022 March levels after US sanctions on Gazprombank
Russia’s ruble took a blow following the news of the U.S. imposing sanctions on 50 Russian banks, including Gazprombank, ...
1d
on MSN
Russia tries to stem panic over the plummeting ruble, as the central bank is forced to intervene
The ruble weakened to 114 against the greenback earliest this week — hitting its lowest level since March 2022, shortly after ...
2d
on MSN
European Gas Buyers Rush to Find Workaround to US Sanctions
European countries still buying Russian gas are rushing to find a way to keep paying for supplies after Dec. 20 that won’t ...
thedeepdive
4d
US Expands Russia Sanctions, Finally Targeting Gazprombank and Banking Network
The United States has imposed sweeping sanctions on Russia’s financial sector, targeting Gazprombank and more than 100 other ...
8d
US imposes sanctions on Russia's Gazprombank, which may deprive it of access to SWIFT
The United States has imposed sanctions on Gazprombank, one of the few major Russian lenders not yet blacklisted, in an ...
Kyiv Independent on MSN
3d
Turkey in talks with US over sanctions exemption for Russian natural gas payments
Turkey is in talks with the United States in an effort to receive a sanctions waiver to further continue payments for Russian ...
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