MOSCOW: Russia’s economy shrank sharply in November and the ruble resumed its slide Monday as Western sanctions and a slump in oil prices combined to inflict...
MOSCOW: Russia’s ruble hit its highest levels in two weeks Tuesday, shored up by informal capital control measures designed to head off a repeat of the...
MOSCOW: Russia’s lower house of parliament hastily approved a draft law Friday that would give the banking sector a capital boost of up to 1 trillion rubles...
MOSCOW: Russia’s central bank raised its main lending rate by 100 basis points to 10.5 percent Thursday in an attempt to prop up the ruble, but failed to stop...