Support The Moscow Times!

Now is the time to support independent reporting from Russia!

Contribute Today

Ruble Strengthens Versus Dollar at Volatile Market Opening

A man talking on a phone is seen in a window of a building with a board showing currency exchange rates on display in the foreground, in Moscow, on Dec. 16, 2014.

Russia's ruble strengthened in early trade after opening sharply weaker, but trade was volatile, with the market nervous after heavy losses in recent days.

At 0738 GMT, the ruble was around 0.7 percent stronger against the dollar at 68.00 but 0.2 percent weaker against the euro at 84.99.

Read more

Russia media is under attack.

At least 10 independent media outlets have been blocked or closed down over their coverage of the war in Ukraine.

The Moscow Times needs your help more than ever as we cover this devastating invasion and its sweeping impacts on Russian society.