Russian Ruble Defied Expectations Regarding its DemiseForex

Russian Ruble Defied Expectations Regarding its Demise

The situation in the Russian Federation is anything but ordinary. The country’s inflation this year could be lower than previously…

Stock Indexes Fell as The Market Lacked New MomentumStocks

Stock Indexes Fell as The Market Lacked New Momentum

On Monday, the ruble momentarily surpassed the 79 mark versus the dollar. At the same time, stock indexes dipped as the market…

Russia Owns $130B Bitcoin Without Passing Crypto LawCryptocurrencies

Russia Owns $130B Bitcoin Without Passing Crypto Law

Russian Prime Minister Mikhail Mishustin said at the Russian government’s annual report presentation on Thursday that Russians own more than…

Why Is Putin Insisting on Paying for Russian Gas in Rubles?Economy

Why Is Putin Insisting on Paying for Russian Gas in Rubles?

Vladimir Putin has set a March 31 deadline for payment in rubles for Russian gas sold to “unfriendly” countries. It’s…

Putin’s War to Reverse 15 Years of Economic Growth in RussiaEconomy

Putin’s War to Reverse 15 Years of Economic Growth in Russia

The rouble collapsed last month due to Russia’s invasion of Ukraine, disrupting global supply lines and commodity prices. According to…

Russian Stocks, Asia MarketStocks

Russian Stocks, Asia Market

Russia’s stocks rose sharply on Thursday, as the market reopened for limited trading after the country’s most extended shutdown since the…

Russia Pays Debt in Dollars to Prevent a Historic DefaultEconomy

Russia Pays Debt in Dollars to Prevent a Historic Default

RussRussia appears to have avoided a historic financial default by making at least part of its national bond payments in…

Bitcoin Smashing the Ruble by Climbing Another 140%Cryptocurrencies

Bitcoin Smashing the Ruble by Climbing Another 140%

The optimistic view emerges as the Russian central bank tightens capital controls, including prohibiting the use of rubles to purchase…

Oil Drops $5 on Russia-Ukraine Talk EncouragementsCommodities

Oil Drops $5 on Russia-Ukraine Talk Encouragements

Brent was under by $4.62, or 4.1%, at $108.05 a barrel at 1152 GMT, and U.S. West Texas Intermediate (WTI)…

Ruble continues to decline despite Moscow’s effortsForex

Ruble continues to decline despite Moscow’s efforts

The Russian ruble fell to record lows in onshore trading on Wednesday. The Russian currency declined despite measures by Russia…