Five years into the full-scale war, the Russian economy has accumulated serious systemic problems. But that still does not ...

Sberbank predicts a weakening of the ruble to 80-85 per dollar in the third quarter of 2026 and to 85-90 in the fourth quarter.The main driver is the budget rule: with high oil prices, the Ministry of ...

The Russian ruble has rebounded this year, becoming one of the best-performing currencies. The USD/RUB exchange rate was trading at 81.05 on Friday, down by almost 30% from its highest point in ...

We expect to maintain positive GDP dynamics in 2026 at +0.4%,” Russian Deputy Prime Minister Alexander Novaksaid while ...

Russia's central bank on Friday cut its sky-high interest rates for the first time since September 2022, in a sign that inflation pressures — not long ago described by President Vladimir Putin as ...

The combination of sliding oil prices and stiffening sanctions has contributed to an alarming plunge in Russia’s ruble and the government’s options for responding are dwindling, says CFR Senior Fellow ...

MOSCOW—Russia's central bank left its interest rates unchanged Friday but noted that it is ready to tighten policy if the recent selloff of the ruble begins to pose a risk of higher inflation. The ...

Russian President Vladimir Putin on Thursday said that inflation is a problem facing Russia, and that the country's economy is overheating. Stream Los Angeles News for free, 24/7, wherever you are.

A further decrease in the growth rate of the global economy and oil prices in case of escalating trade disputes may have proinflationary effects through the ruble exchange rate dynamics, the Bank of ...

The current strong exchange rate of the ruble reflects the market situation, he added ST. PETERSBURG, June 19. /TASS/. The current strong exchange rate of the ruble reflects the market situation, ...