Articles - The Moscow Times

Support The Moscow Times!

Contribute today

‘LONG AND TEDIOUS’

Russia Starts to Dig Its Way Out of a Coronavirus Economic Hole

The Kremlin will see the post-pandemic state of the economy as a vindication of its conservative doctrine, but there are underlying weaknesses.

Russian Ruble Approaches Pre-Coronavirus Levels

Ruble hits three-month high as oil prices stabilize.

Russian Banks Import Most Dollars Since 2014 Crisis

Lenders reported a surge in demand for U.S. dollars as financial markets collapsed in March.

Russian Ruble Hits 10-Week High on Investor Optimism

The Finance Ministry sold a record volume of government bonds Wednesday, and the government is reportedly mulling increasing foreign currency sales.

Coronavirus Hits Russian Markets | May 1

The latest on how the ruble and Russian stock markets are reacting to the coronavirus.

CORONAVIRUS FALLOUT

Russia Props Up Ruble, Oil Producers

The Central Bank will increase sales of foreign currency reserves and compensate oil producers.

U.S. INTERFERENCE

Trump’s Travel Ban Sends Russian Ruble, Stock Market, Tumbling Again

Another sea of red on the global markets sees ruble under renewed pressure from coronavirus impact.

Ruble Volatility Prompts Jump in Foreign Exchange Deals

Both buying and selling of foreign currencies rose this week, Vedomosti reported.

RECOVERY MISSION

Russia’s Central Bank Steps Up To Support Ruble

Bank starts selling foreign currency as markets reel from oil price crash.

Russian Stock Market Plunges, Oil Shares Hit Hard

Shares fall 10% following global ‘Black Monday’ on financial markets.

Russian Share Prices Collapse, Ruble and Oil Tumble

‘Black Monday’ sees state-backed Sberbank, VTB, Rosneft and Gazprom all suffer multi-billion dollar hits to their share price.

DOWN, DOWN, DOWN

Russian Ruble Plummets Amid Oil Market Chaos

The ruble hit a four-year low against the U.S. dollar as oil prices crashed 30% overnight.

30 Years of Big Mac Prices Shine Light on Russia’s Economy

From the most expensive burger in the world to the cheapest: What do Big Mac prices tell us about the Russian economy?

Five Years After Meltdown, Ruble Is Reborn as Trade-War Refuge

Analysts call it a “beacon of light” in emerging Europe, the Middle East and Africa.

Russian Ruble Least Volatile Since 2015

Macroeconomic stability and a lack of new U.S. sanctions have created a period of calm for the ruble.

Putin’s Dollar Dump Costs Russia $8Bln

By ditching the greenback, Russia lost out on huge potential returns over the last 12 months.

Russia and Turkey to Increase Use of Ruble and Lira

The two countries have signed a deal to start paying each other in local currencies.

Share of Ruble in Banks’ Assets Climbs to Post-Crisis High

Sanctions and the increased attractiveness of the ruble help Russian banks diversify their balance sheets.

View more articles