While that’s improved from Wednesday’s rate of 114 on the spot market, that still means one ruble is worth less than a penny. The ruble has tumbled 9% against the dollar since Nov. 21 ...

The ruble remains one of many marginal currencies—occasionally sanctioned, constantly fluctuating, and rarely circulating outside trade alliances—issued by autocrats hoping to retain the ...

The ruble has jumped 45% against the dollar since January, with one dollar worth 53.45 rubles as of Tuesday. "It's an unusual situation," said Jeffrey Frankel, professor of capital formation and ...

Ruble gains even exceed those of gold, which has hit record highs this month amid geopolitical turmoil. On the one hand, a dollar slump is amplifying ruble strength. The US Dollar Index has ...

From June 18 to 20, the official exchange rate fell from 89 to 82.6 rubles per dollar, then rose to 85.4 rubles in one day. Over the past month, the official ruble exchange rate even strengthened ...

In 1839, the government had to devaluate its currency and replace paper assignats with new “credit rubles,” but the Crimean War (1853-1856) — one of Russia’s few lost conflicts — erased ...

The ruble plunge is reflecting an overall rapidly deteriorating situation in the Russian economy, there's not one simple practical explanation. Markets are losing confidence in good economic ...

The situation in the Belarusian currency market largely depends on the situation in Russia, explained earlier BEROC expert ...

One way of doing that would be to require exporters to change more of their foreign currency earnings to rubles: “They will have to put all of those factors together and come up with what they ...

The ruble’s value has now risen for three months in a row, making it one of the world’s fastest-growing currencies. But how long this rally will last is unclear — and the exchange rate is approaching ...