After three years of war, Washington may have offered Moscow an economic lifeline just as the Russian economy is over-heating driven by Western sanctions. US President Donald Trump is urging for a swift agreement to end the war in Ukraine, which has alarmed Washington's European allies. This comes amid skyrocketing interest rates, persistently high inflation, and Russia's massive fiscal stimulus.

Russian Rouble gains on Trump-Putin bromance

After U.S. Sanctions On 50 Russian Banks, The Ruble Hit Its Lowest Since March 2022, Trading At 103 Per Dollar. The Central Bank’s 21% Interest Rate Faces Pressure As Exporters Struggle With Western Sanctions. Potanin Called The Exchange Rate "Reasonable."

Russia's Richest Man Sees Rouble At 100-110/Dollar As 'Reasonable'

After U.S. Sanctions On 50 Russian Banks, The Ruble Hit Its Lowest Since March 2022, Trading At 103 Per Dollar. The Central Bank’s 21% Interest Rate Faces Pressure As Exporters Struggle With Western Sanctions. Potanin Called The Exchange Rate "Reasonable."



The sharp depreciation of the Russian Rouble has created significant challenges for Chinese exporters. The Yuan-Rouble exchange rate jumped from 13.99 on November 22 to 15.61 on Thursday, before stabilizing at 14.91 on Friday. Simultaneously, the Rouble-dollar exchange rate fell by 8.5 percent, hitting a one-year low of 114.75. Watch in for more details!

Chinese Exporters Face Losses Amid Rouble Depreciation

Russia's rouble rises as cash inflow surges amidst oil export recovery 

The Russian Rouble stages a significant comeback defying recent volatility in geopolitical tensions. The Rouble rebounded after slumping to its lowest point in over 18 months against the dollar and this plunge was largely due to reduced foreign currency supply but it found solid ground as oil prices surged amid geopolitical tensions in West Asia.

Russian Rouble recovers amid geopolitical crisis and oil spike

Putin expresses faith in the rouble, says ‘nothing drastic’ following crash

The Russian government's revenue from oil and natural gas exports fell in August despite a rise in crude prices and a depreciating Rouble, driven largely by government subsidies for the country's refiners.

Russia's oil & gas revenue slumps despite rising crude prices

The economy in the larger region of Europe and Central Asia would contract by more than 4% this year as a result of the shocks from the Ukraine crisis. According to the bank, the economies of Russia and Ukraine are predicted to contract by over 11% and over 45%, respectively, by the end of the year.

Russia-Ukraine War takes a toll on the Russian economy

Russia’s earning from oil stays low as war expenses mount: Report  

After the Rouble dropped to levels not seen before the Ukraine War, Russia is considering reinstating capital restrictions. A Bloomberg report quoting four sources showed that a proposal to mandate sales of export revenues was discussed during a meeting between the government and exporters on Monday before the bank of Russia announced an emergency rate hike. Two of those Bloomberg sources said no progress was made, and another meeting may be scheduled for later this week.

Russia plan capital controls to stem Rouble slump | World Business News

Russia discusses return to capital controls to stem rouble slump: Report  

Russian Rouble has hit a 17-month low. It is worth 101 against the U.S. dollar and has become the third worst-performing global currency of 2023. Are the economic consequences of war catching on to Russia?

Gravitas: Are consequences of war catching on to Russia?

The trouble for the Russian currency started after reports suggested that British oil company Shell may repatriate more than 1 billion roubles from the country affected by sanctions. The ruble closed at 81.6 per dollar on Thursday, which is the lowest since April last year.

Capital outflows weigh on the Russia rouble

The rouble dived around 3% against the dollar on Tuesday as market comes to terms with the prospect of lower export revenue in the wake of restrictions on Russian oil.

World Business Watch: Russian rouble slumps around 3% vs dollar as sanctions weigh

Countries paying for Russian gas in roubles should be punished: Poland

After the Russian invasion of Ukraine, the Russian currency Rouble was at an all-time low, it shared 45 per cent of its value against the dollar. The collapse was an indication of Russia's economic isolation

Russian currency Rouble rebounds, no longer 'in rubble'

Russian foreign minister Sergei Lavrov 'appreciated' India's neutrality in talks with S Jaishankar. Lavrov also pushed for a rupee-rouble trade system, terming Western payment systems as unreliable. Palki Sharma tells you more.

Gravitas: Russia praises India's neutrality on Ukraine

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