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Putin – Erdogan agree on ‘partial’ payment for Russian natural gas in rubles

LAST UPDATE: 21.44 Part of the payments for Russian natural gas from Turkey will be made in the Russian national currency, the ruble, Russian and Turkish presidents Vladimir Putin and Tayyip Erdogan respectively agreed, Russia's Interfax news...

Ruble falls after key interest rate cut in Russia

The Russian ruble fell above 58 to the dollar today, hitting its weakest point of the day, just after the central bank cut interest rates for the fourth time this year by 150 basis points to...

The ruble strengthens – At 58 against the dollar and the euro

The ruble rallied above 58 against the dollar and the euro - a sharp move - on Tuesday, supported by Russia's strong current account surplus, while stock indexes fell. Shares in gold miner Petropavlovsk plunged 38% after...

The ruble ‘reaps’ its losses as Russia defaults on debt

The ruble "picked up" the losses in a day with sharp changes as well Russia failed foreign currency debt payment for the first time in a century after the payment deadline expired and while the West...

Russia: Pays interest on its debts in rubles and talks about bankruptcy ‘prank’

Moscow has paid in rubles the interest on its debt obligations in dollars, the Russian Finance Ministry announced today, due to Western sanctions that have increased the risk of bankruptcy in recent months. Russia's Finance Minister Anton...

At a seven-year high the ruble: At 54.20 against the dollar

The Russian ruble jumped to a seven-year high against the dollar and the euro on the Moscow Stock Exchange on Tuesday, supported by capital controls and the prospect of favorable tax payments at the end of...