Support The Moscow Times!
Contribute today

Russia's Central Bank Spent $210 Million to Defend Ruble on Oct. 17

By The Moscow Times

Russia's Central Bank said Tuesday it had conducted 8.63 billion rubles ($210 million) worth of forex interventions to defend the ruble on Oct 17.

The Central Bank releases its interventions data with a time lag. The ruble has been sliding on falling oil prices and broad risk aversion towards Russia because of its role in the Ukraine crisis.

Read more

news

Russia Central Bank Spends $2.12 Billion to Boost Ruble

Russia's Central Bank said Monday it had conducted 86.83 billion rubles ($2.12 billion) worth of forex interventions to defend the ruble on Oct. 16...
chilling effect

Russian Parliament Backs Law to Label Individuals 'Foreign Agents'

Critics say the law will tighten curbs on the media.
Syria Beheading

Kremlin Says Syria Beheading Video Not Linked to Russian Forces

"I am certain that this has no relation to Russian military operations in Syria," the Kremlin spokesman said.
Pledge of allegiance

Siberian Schoolkids Must Sing Russian National Anthem Daily

The new decree aims to make students patriots who are "ready to work in the interests of their family, society and country."

The need for honest and objective information on Russia is more relevant now than ever before!

To keep our newsroom in Moscow running, we need your support.