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Ruble collapse: Will it have impact on Russia's war in Ukraine
The official exchange rate of the Russian ruble against the US dollar has fallen to its lowest level since March 2022, when ...
TASS1h
European gas prices rise by 21% in November
The main reasons behind the price rise include record-breaking gas withdrawals from European storage facilities amid a temperature drop, statements about Russia ending gas supplies to Austria’s OMV an ...
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 ...
JD Supra18h
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 ...
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 ...
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.
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 ...
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 ...