Russia's rising inflation and plunging currency have spotlighted an emerging discord between the Kremlin and the country's central bank. The sudden move came after President Vladimir Putin's economic ...

In the first four months of the year, oil and gas revenues fell by 10.3% to $41.4 billion. The decrease in tax revenues is due to the fall in the ruble value of Russian oil in recent months due to the ...

Since early December, the Russian ruble has continued to strengthen against global currencies: on Dec. 7, it reached a value of only 76 rubles for one U.S. dollar, a figure unseen since May 2023. It ...

MOSCOW, February 7. /TASS/. Experts interviewed by TASS expect the value of the ruble to weaken to 110 units per dollar by the end of the year. In January, the Russian currency strengthened, and ...