Cryptocurrency mining is one of the factors contributing for a stronger ruble lately, the head of the Bank of Russia has ...

A man walks past a currency exchange office in Moscow, Russia, Monday, Aug. 14, 2023. Russia’s central bank made a big interest rate hike of 3.5 percentage points on Tuesday, Aug. 15, 2023, an ...

Since early December, the Russian ruble has continued to strengthen against global currencies: on Dec. 7, it reached a value ...

Russia's Central Bank has hiked interest rates at its first emergency meeting since the start of Moscow's full-scale invasion of Ukraine, after the ruble plummeted against the dollar. The bank's ...

LONDON (AP) — The Russian ruble on Monday reached its lowest value since the early weeks of the war in Ukraine as Moscow increases military spending and Western sanctions weigh on its energy exports.

Falling oil prices and fears about capital flight helped push the Russian ruble to its weakest level against the U.S. dollar in a year on Monday, the latest milestone in what has been a dramatic ...

ALMATY, Kazakhstan -- Bakytbek Ysmanov, a 64-year-old native of Kyrgyzstan, has been working in Russia for 15 years. In the past 12 months he has watched the ruble fall by 28 percent against his ...

The ruble has come off its lows from earlier in the week after the central bank halted all foreign currency purchases for the remainder of the year, but it remains battered—and resources for ...

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Russia's ruble has fallen a long way in recent months, and the country’s central bank has stepped in to try to halt the slide. Until now, the government stood aside as the declining ruble helped its ...