The official exchange rate of the Russian ruble against the US dollar has fallen to its lowest level since March 2022, when ...

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 currency has hit its weakest level since its invasion of Ukraine. The depreciation of the rubel comes after ...

On November 21, 2024, the U.S. Department of the Treasury’s Office of Foreign Assets Control (“OFAC”) designated Gazprombank, over 50 ...

Russia’s central bank said no emergency steps were required to prop up the ruble as measures already in place were enough to ...

The Russian currency has plummeted to its lowest level since the start of Vladimir Putin's full-scale invasion of Ukraine.

Russia’s ruble is sagging against other currencies, complicating the Kremlin’s efforts to keep consumer inflation under ...

The long-awaited breakdown of the Russian war economy may be finally at hand, albeit too late for the outgoing Biden ...

Sanctions imposed by the United States on Russia's third largest lender Gazprombank, which handles the energy trade, are ...

European countries still buying Russian gas are rushing to find a way to keep paying for supplies after Dec. 20 that won’t ...

The new round of US sanctions has become the most notable lately "but generally not critical for the Russian financial system, which has already passed through much worse time," Kyle Shostak said ...

The United States has imposed sweeping sanctions on Russia’s financial sector, targeting Gazprombank and more than 100 other ...