What Does Ruble's Sharp Fall Mean for Russia's Economy?
The Russian ruble has experienced a sharp fall in value against the U.S. dollar, weakened in recent days by the U.S. Treasury's imposition of fresh sanctions on dozens of Russian banks, including the major lender Gazprombank.
Putin Says No Reason To Panic Over Falling Russian Ruble
Russian President Vladimir Putin said Thursday there was no reason for Russians to worry about the falling Russian ruble, which slumped this week to its lowest level since March 2022.
Russia’s economy nears meltdown as ruble plummets
The Russian ruble has dropped to a record low not seen since the early weeks of the conflict in Ukraine. This sharp decline follows the implementation of new U.S. sanctions targeting Russian banks, including Gazprombank,
Russian Ruble Collapses As Putin's Economy in Trouble
The Russian currency has hit a two-year low against the U.S. dollar, reaching 107 on Tuesday, as sanctions continue to hit the country's economy.
Ruble Crashes as New Sanctions Weaken Russia's Economy
Russia is facing a major economic setback as its currency, the ruble, continues to fall sharply. In just one week, the ruble has dropped by 7%, and in the past month, it has lost about 15% of its value.
Russian economy in freefall as Ruble crumbles and new sanctions turn screw on Putin
Russia's economy has taken a hit and the Ruble has dropped to a two-year low against the dollar. This is the lowest level it has dropped to since 2022 after Russia's new sanctions on Gazprombank put investors off.
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Largest Chinese banks cease cash withdrawals from Russia’s Gazprombank cards
On Sunday, November 24, the largest Chinese banks ceased cash withdrawals from UnionPay cards issued by Russia's Gazprombank.
US Treasury targets Russia's Gazprombank with new sanctions
The United States imposed new sanctions on Russia's Gazprombank on Thursday, the Treasury Department said, as President Joe ...
Hungary Says Gazprombank Sanctions Threaten Energy Security
Hungary said the US decision to sanction Gazprombank jeopardizes the energy security of some central European countries, ...
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US Expands Russia Sanctions, Finally Targeting Gazprombank and Banking Network
The United States has imposed sweeping sanctions on Russia’s financial sector, targeting Gazprombank and more than 100 other ...
New U.S. sanctions probably spell end of EU energy payments through Russia's Gazprombank
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Türkiye seeks exemption from US Gazprombank sanctions
Sanctions on Russia, a crucial natural gas supplier to Türkiye, could risk security of country's supplies, warn Turkish ...