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.

And the ruble will drop even further, so there are very long lines in every single bank. People trying to buy any currency they can - dollars, euros, British pounds - whatever they can hold of.

Ruble Plummets, Stocks Drop, and Fear Index Rises as Ceasefire Hopes Fade . ... Trading volumes in Bitcoin using the ruble are at their highest levels since May 2021.

The ruble had its worst annual slide since its 1998 default as a slew of government ... The ruble rose 5 percent to 55.5495 a dollar by 7:01 p.m. in London after dropping 7.4 percent ...

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

Ruble's dramatic drop inflicts economic pain. The Russian ruble has shed nearly half its value since last summer, driving up the costs of food, housing and travel.

Why the ruble recovered. The main reason for the ruble's recovery is soaring commodity prices. After Russia invaded Ukraine on February 24, already high oil and natural gas prices rose even further.

The ruble plunged to record lows amid its sharpest fall this year, as investors sold the currency following a dive in the price of oil—Russia’s main source of foreign-currency revenues.

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 ...

MOSCOW—The Russian ruble fell to its weakest level against the dollar this year on Monday as oil prices continued to slide. In Moscow, the dollar briefly climbed to 72.47 rubles, coinciding with ...

The drop of the ruble, or rouble, shown here through the Morgan Stanley Trade Weighted Index over the last year, is the steepest in 16 years. Sponsored Content by Taboola. Popular Reads.