News

Russia's ruble is the top-performing currency of 2025 relative to the US dollar. Greenback weakness and Russian interest rates have strengthened the ruble. But a stronger currency could weigh on ...
The war in Ukraine has accelerated Russia’s pivot east and sent local demand for China’s yuan surging, helping tame a four-month ruble rally that’s piled ... yuan-ruble currency pair are ...
Even as Russia marks a historic default on its debt, the nation's currency is gaining strength. The ruble hit a new high against the dollar this week, continuing its streak as the best-performing ...
That has piled pressure onto a war economy ... sees the slide of the ruble as chance to convert foreign currency earnings into as many rubles as possible ahead of the huge budget increase in ...
Russia’s ruble has surged to become the best performing global currency, posting this year’s strongest gains against the dollar to outpace even the traditional safe haven of gold. The ruble ...
It marks a loss of around 25% of the ruble’s value against the greenback since the start of this year and before the invasion the currency was worth around 76 rubles per dollar. The latest ...
The price of oil - Russia's most important export - has weakened; foreign investors are no longer available to purchase ruble investments, and Russia's inflation rate means its currency tends to ...
Brendan Cole is a Newsweek Senior News Reporter based in London, UK. His focus is Russia and Ukraine, in particular the war started by Moscow. He also covers other areas of geopolitics including ...
Russia’s ruble has surged to become the best performing global currency, posting this year’s strongest gains against the U.S. dollar to outpace even the traditional safe haven of gold.