Ruble

Russia takes action to prevent the ruble from rising sharply

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A strong ruble could pose a risk to the Russian economy, forcing the Russian central bank to intervene.

Russian ruble suddenly fluctuates unusually

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The Russian ruble has been the world's best-performing currency this year, but has fluctuated unexpectedly following the latest intervention by the central bank.

ruble saves Russia from bankruptcy

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Russia announced to repay foreign debt in rubles after Washington blocked Moscow from paying foreign currency to US bonds.

US blocks "last door" to pay off Russia's foreign debt

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The US ends the exemption for Russia to pay foreign debt using funds in Russia, the US Treasury Department announced on May 24.

The left side of the strong Russian ruble

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A strong Russian ruble could negatively affect other sectors of the economy.

Russian ruble rises to highest level against euro in nearly 7 years

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The Russian ruble rose more than 6% against the euro on May 23, its highest level in nearly seven years. This development of the Russian currency is being driven by capital control measures, high oil prices and the upcoming tax period at the end of the month.

Finnish company sues Russian Gazprom for selling gas in rubles

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The Finnish energy company has refused to accept payment for Russian gas in rubles, claiming to take Gazprom energy company to arbitration.

Russian ruble hits one peak after another

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The Russian ruble is approaching a five-year high against the Euro.

The West is " helpless" when the Russian ruble increases sharply despite sanctions?

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The West has tried to paralyze the Russian economy, but the value of the ruble is increasing. Will there be further sanctions?

Russian economy holds on to better sanctions than expected

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The Russian economy is dealing with the Western sanctions better than expected, JPMorgan Chase said.

Russia still faces the risk of bankruptcy despite paying bonds before the deadline

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Although Russia has prevented a historic debt default as sanctions are imposed on its foreign exchange reserves, analysts believe the risk of Russia's debt default remains inevitable.

Russia spectacularly avoids last-minute bankruptcy

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Russia avoids bankruptcy as US dollar bond payments due on May 4 have reached creditors.

USD drops from 20-year high, down from ruble

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The ruble has a record high against the USD, while the greenback index fell from a 20-year high on May 4.

EU may exempt 2 member states from Russian oil embargo

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The European Commission is proposing a blockade of Russian oil, but could exempt Hungary and Slovakia to reach EU consensus.

Russia simplifies gas payment in rubles

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To facilitate gas payments in rubles, Russia has amended tax laws for foreign companies.