Category: Ruble (Currency)

Russia’s Economy Is Increasingly Structured Around Its War in Ukraine

The nation’s finances have proven resilient, despite punishing sanctions, giving it leeway to pump money into its military machine.
Russia’s Interest Rate Hike Highlights Economic Struggle Amid Ukraine War

With the third-largest interest rate increase in a decade to shore up the ruble, Moscow’s policymakers are pursuing the conflicting goals of paying for the war against Ukraine and taming inflation.
The ruble’s fall is raising concerns inside Russia about rising inflation.

The Russian currency has lost about a quarter of its value against the dollar this year, a reflection of the country’s roiling economy.

Russia’s Economy Is Increasingly Structured Around Its War in Ukraine