For now the central bank is managing the rate as best it can after the shock of Gazprombank sanctions, said Chris Weafer, CEO ...
Investors have been spooked after Russia was hit with fresh sanctions and as tensions rose after a hypersonic missile attach ...
Given that the war has gone on for 18 months, the ruble's decline "underscores the challenges Moscow will face in an attempt to repeat last year's fire-fighting efforts." Russia's adversaries are ...
“There is a significant risk that the weakening of the ruble will continue,” said Yevgeny Kogan, a professor at Moscow’s Higher School of Economics. Sanctioned Russian banks cannot conduct ...
“Consequently, the pass-through of the ruble's depreciation to prices is ... currency and dealing with the monetary fallout of Moscow's invasion of Ukraine. The bank then steadily lowered ...