The Kremlin is preparing to introduce a digital ruble to gain full control over citizens. The new currency will allow Russian ...

ALEXANDER NEMENOV/Getty Images While several countries have explored digital assets known as central bank digital currencies (CBDCs), a digital ruble ... Russia's Central Bank announced the three ...

Russia's President Vladimir Putin delivers his New Year's address to the nation ... hit the value of the Russian currency, the ruble. More Getty Images Vladimir Putin has earmarked 40 percent ...

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 ...

Image: Ramil Sitdikov/SNA/imago images Since the beginning of the year, Russia's currency, the ruble, has lost 16% of ... on China "China uses Russia as a new raw material colony upon which ...

The USD/RUB exchange rate dropped to 79.48, its lowest level since April 2021, down by 30% from its highest point this year.

With the ruble weakening and ... Image A destroyed Russian tank in the village of Novodarlivka, Ukraine, this month.Credit...David Guttenfelder for The New York Times Elvira Nabiullina, the ...

Meanwhile, Russia’s sovereign wealth fund has been tapped repeatedly to prop up the ruble, leaving the Kremlin with less firepower to battle another currency collapse. Just before the latest ...

The ruble's collapse has been partly attributed to a raft of new U.S. sanctions against Russia's Gazprombank that were announced by the White House last week, as well the war-focused domestic ...