Russia's attempts to plug its budget deficit by selling foreign currency reserves could lead to a vicious circle that pushes the ruble higher and further reduces the Kremlin's crucial export revenues, ...

The ruble has come off its lows from earlier in the week after the central bank halted all foreign currency purchases for the remainder of the year, but it remains battered—and resources for ...

Russia's ruble has fallen a long way in recent months, and the country’s central bank has stepped in to try to halt the slide. Until now, the government stood aside as the declining ruble helped its ...

Russia's Central Bank has hiked interest rates at its first emergency meeting since the start of Moscow's full-scale invasion of Ukraine, after the ruble plummeted against the dollar. The bank's ...

The plunging Russian currency, the ruble, has added to inflationary pressures in Russia, British officials have said, as the country faces further economic turbulence exacerbated by the ending of its ...

Russia's ruble is so strong it could hurt the country's businesses that rely on exports, the country's minister of economic development warned Wednesday. After hitting all-time lows in the first weeks ...

Falling oil prices and fears about capital flight helped push the Russian ruble to its weakest level against the U.S. dollar in a year on Monday, the latest milestone in what has been a dramatic ...