Junk Russia Bonds Mirror Ruble Drop as Sanctions Bite. Yield on 2047 bond doubled this month; wide price gaps seen; Offshore ruble fell nearly 30% against the dollar Monday The ...

The drop in exports, combined with a jump in imports driven by strong domestic demand, has cheapened the ruble further, according to Russia’s central bank governor Elvira Nabiullina.

Russia’s wartime economy is showing severe signs of strain, teetering on the brink of recession as it grapples with a ...

The ruble extended a sell-off on Monday, dropping to the lowest level against the dollar since 2022. Investors were spooked after new sanctions were imposed on Gazprombank. Tensions with the West ...

How will the ruble's decline impact Russia's war against Ukraine Next year, Russia will allocate a record 13.5 trillion rubles to continue its war against Ukraine, which accounts for 41% of the ...

At least 6 million Central Asians work as migrant laborers in Russia.The value of the ruble dropping against their home currencies means they are sending less money back home — and this is ...

Russia’s oil and gas revenues plunged 14% in June year-on-year, with budget income hitting its lowest since January 2023 ...

The ruble’s drop, meanwhile, will make imported goods more expensive -- at a time when Russian consumers are ramping up spending for the long New Year’s and Christmas holidays.

Russia’s oil revenue in June slumped to a two-year low as global crude prices fell and the ruble strengthened, meaning each barrel brought fewer rubles to the Kremlin.

Why the Russian ruble’s 10% drop versus the dollar might not be enough More sanctions could mean a bigger selloff Published: April 11, 2018 at 3:30 p.m. ET ...