Ruble
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.
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.
Russian newspaper: Ukraine's Kherson province switches to ruble use
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The southern Ukrainian province of Kherson will start using the Russian ruble as its currency instead of the hryvnia from May 1, according to Ria Novosti.
Russian Olympic athletes receive rewards for replacing luxury cars
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Russian athletes who win Olympic medals will be given cash prizes instead of cars.
The EU ultimately rejected the rubber letter, why hasn't Russia locked the gas valve?
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The deadline for Putin's ruble payment letter has passed, but Russian gas is still flowing to Europe.
Russia strongly increases gas for China, earns a lot of money this year
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Russia is expected to see record revenue from gas sales this year as it steps up supplies to China.
How does the Russian ruble gas payment mechanism work?
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President Vladimir Putin has signed a decree on the purchase and sale of rubles for "unfriendly" countries, effective from April 1.
Germany is "sitting on fire" in the face of the worst case scenario of no Russian oil and gas
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The German trade union described a dire prospect if Russian oil and gas supplies were cut off.
Another EU country declares a gas emergency
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Germany's autumn-Fuller declaration of a gas emergency with a prospect of shortages due to Russian sanctions.
Russia takes an unprecedented step forward in rubles
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Not only gas, all of Russia's exports could soon be measured in rubles.
Is Europe "in danger" when Russia's gas deadline is over?
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Russian gas supplies to Europe are at risk as the deadline for ruble payments comes.
Russia issues maximum gas payment letter in rubles
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Russia set a deadline for gas payments in rubles in the context of a sharp increase in the Russian domestic currency against the USD.
Mr. Putin's historic move to "inactive" sanctions against Russia
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The shift to rubles for gas payments, announced by President Putin earlier this week, would force the EU to circumvent its own sanctions against Russia if it were to continue to maintain gas flows.
Fearing war, Russia withdraws more than 1 billion USD in 1 day
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On February 24, the Russian people withdrew more than 100 billion rubles (more than 1 billion USD) from their accounts, due to concerns about war with Ukraine.
