The rise of the Russian ruble in 2025 was far from a minor financial detail. Against all expectations—amid strict sanctions, the ongoing Russian-Ukrainian war, and falling oil revenues—the ruble ...
Cryptocurrency mining has expanded to the point of influencing the Russian currency market and should be factored into its balance of payments, according to a representative of the Kremlin. The sector ...
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Russia leverages ruble-backed stablecoin A7A5 to move over $100 billion beyond Western sanctions
Russia’s use of cryptocurrency to bypass Western sanctions has taken a dramatic turn with a ruble-pegged stablecoin called A7A5. This digital currency has processed over $100 billion in transactions ...
While Russia's economy has faced significant turmoil due to heavy war-related sanctions, the country's currency has not suffered. The Russian ruble has grown significantly and is up 45% against the ...
Russian Finance Minister Anton Siluanov said Wednesday it is up to the U.S. to decide whether crucial interest payments on two dollar-denominated eurobonds go through, ratcheting up fears of Moscow's ...
In the midst of a long-drawn war, declining oil prices, stiff sanctions, and an economy that's on the downhill, Russia's ruble has been rising. In fact, it is the world's best-performing currency so ...
MOSCOW, Dec 2 (Reuters) - The Russian rouble will be stronger than previously expected, which represents a challenge for the economy, with several major export-oriented mega projects potentially ...
Russia’s oil proceeds going to the state budget shrank by a fifth in September compared with a year earlier, following a drop in global crude prices and a strengthening of the nation’s currency. The ...
Russia's proceeds from oil in the state budget shrank by a third from a year ago in July following a drop in global crude prices and the appreciation of the nation's currency. Image by chekat via ...
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