ruble

EU rejects Moscow’s ruble-for-gas demand

EU member states won’t pay for Russian gas in rubles, the European Commission said on Tuesday, rejecting Moscow’s March 31…

2 years ago

Ruble shrugs off Western sanctions

The Russian currency strengthened to more than a one-month high during trading on Tuesday, surging over 10% amid signs of…

2 years ago

Ruble flexes muscle as Russia trailblazes new economic path

The Russian currency has risen dramatically over the past three weeks, reflecting the efficiency of the monetary policy adopted by…

2 years ago

Russia sets ruble gas payment deadline

Russian President Vladimir Putin has authorized the government, the central bank, and Gazprombank to take the necessary steps to switch…

2 years ago

Russia’s ruble payment plan leaves European gas buyers confused

German gas industry group Zukunft Gas said on Wednesday it was confused by the statement of Russian President Vladimir Putin…

2 years ago

Ruble rockets on gas currency switch

The ruble has surged on Wednesday after the announcement that payments for gas exports to certain Western countries will be…

2 years ago

Ruble rising in the face of sanctions

The Russian ruble has been gradually strengthening against the US dollar and euro, making gains for the sixth day straight…

2 years ago

Russia is now exclusively a ruble country

Russian citizens and companies will no longer be able to pay off their foreign debts with currencies other than the…

2 years ago

Russian Central Bank takes ruble off life support

The Central Bank of Russia has suspended currency interventions in support of the ruble, the head of the regulator, Elvira…

2 years ago

Russia sets preconditions for digital ruble rollout

“It should be a real, full-fledged ruble – no discount or anything else,” the central bank’s governor Elvira Nabiullina told…

2 years ago