A decree signed by the Russian president on Wednesday states that compensation will only be provided to injured soldiers and will be capped at 3 million rubles, or around 30,000 dollars.

Russia's biggest bank has joined the country's digital currency scheme, which could help the economy weather turbulence caused by sanctions. Russia's Central Bank announced that Sberbank, as well as ...

The Bank of Russia announced its decision after holding an extraordinary meeting, which came after the ruble plummeted below a psychologically important mark of 100 rubles for one US dollar.

The Russian ruble has been declining steadily and reached a 17-month low this week, tumbling past 100 rubles to the U.S. dollar. This gives the ruble less value than a single American cent and ...