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.
Russia tries to stem panic over the plummeting ruble, as the central bank is forced to intervene
The ruble weakened to 114 against the greenback earliest this week — hitting its lowest level since March 2022, shortly after ...
Japan's JERA sees no impact on its LNG supply from sanctions on Gazprombank
Japan's top utility JERA sees no impact from new U.S. sanctions on Gazprombank on its procurement of liquefied natural gas ...
Russian central bank takes desperate stand to halt collapsing ruble and fierce inflation
Worth a fraction of a penny now, the ruble has fallen to lows not seen since March 2022 in the early days of the war against ...
European Gas Buyers Rush to Find Workaround to US Sanctions
European countries still buying Russian gas are rushing to find a way to keep paying for supplies after Dec. 20 that won’t ...
Russia's VTB says U.S. sanctions are behind rouble's fall
Sanctions imposed by the United States on Russia's third largest lender Gazprombank, which handles the energy trade, are ...
The National Law Review3d
New US Sanctions Against Gazprombank and Several Russian Financial Institutions
The US Treasury’s Office of Foreign Assets Control (OFAC) has implemented sanctions on additional Russian financial ...
Kyiv Independent on MSN1d
Turkey in talks with US over sanctions exemption for Russian natural gas payments
Turkey is in talks with the United States in an effort to receive a sanctions waiver to further continue payments for Russian ...
Ukrinform1d
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.
Hungary Says Gazprombank Sanctions Threaten Energy Security
Hungary said the US decision to sanction Gazprombank jeopardizes the energy security of some central European countries, ...
Middle East Eye3d
Turkey's gas payments to Russia complicated by Gazprombank sanctions
However, unlike past US actions targeting Russian banks, this time Gazprombank will not have exceptions for energy ...
Kremlin tries to reassure panicking Russians over collapsing rouble
The Kremlin has tried to reassure Russians they will not be affected by the sudden collapse of the rouble, which has plunged ...
Anadolu Ajansi2d
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 ...