(Bloomberg) -- Fresh US sanctions against Russian banks have caused a further slide in the ruble, putting at risk some of the last channels of direct foreign-currency flows into the country. The ruble ...

Russia's currency woes will deepen, according to the Carnegie Endowment. Researchers at the think tank say the main factors driving the ruble's decline will persist. Russia has few options to prop up ...

At the heart of the offer is Russia’s return to the dollar settlement system, a move which would mean a stunning reversal of ...

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Russia's wartime economy may be starting to feel the strain of the conflict, as Western sanctions finally begin to bite. Last week Russia's currency, the rouble, plunged to its lowest rate against the ...

AT FIRST GLANCE, it did not look that different from other sanctions. On November 21st America’s Treasury Department imposed new restrictions on more than four dozen Russian banks, including ...

By bnl Sao Paulo bureau Brazil and Russia issued a joint statement criticising unilateral sanctions and calling for stronger ...

Russia's central bank cut its key interest rate by 100 basis points to 20% on Friday, marking the first reduction in rates since 2022, the same year the country invaded neighbor Ukraine. "Current ...

U.S. Treasury sanctioned alleged Russian hacker Sergey Ivanov and Cryptex—a St. Vincent and Grenadines registered virtual currency exchange operating in Russia. Virtual currency exchanges allow people ...