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Stories Tagged as

Ruble

6 months into the war, how's the Russian economy faring?

by Kai Ryssdal and Anais Amin
Aug 24, 2022
Russia remains economically isolated and it's suffering a brain drain of young, educated professionals, explains Kristy Ironside of McGill University.
Russia's financial isolation has contributed to the recovery of the ruble's value.
Kirill Kudryavtsev/AFP via Getty Images
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Why does Putin want Europe to buy natural gas with rubles instead of euros?

by Justin Ho
Mar 30, 2022
It's all about propping up his own country's currency.
The Nord Stream 2 gas line landfall facility in Lubmin, north eastern Germany.
Photo by ODD ANDERSEN/AFP via Getty Images
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Russia is trying to prop up the ruble ... but it's not working

by Sabri Ben-Achour
Mar 2, 2022
The ruble is a free-floating currency whose value tracks supply and demand. But sanctions have demolished demand and wrecked the market.
A currency exchange office in St. Petersburg, Russia. People are trying to unload their rubles as the value of the currency plummets.
Olga Maltseva/AFP via Getty Images
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How sanctions could make life harder for Russian citizens

by Kristin Schwab
Feb 28, 2022
Long lines at ATMs. A significant drop in the ruble's value. Economic sanctions are already being felt by everyday Russians.
The ruble has lost about 25% of its value since Friday. Above, people walk past a currency exchange office in Moscow.
Alexander Nemenov/AFP via Getty Images
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How Russia could feel the sting of being excluded from SWIFT

by David Brancaccio and Rose Conlon
Feb 28, 2022
Being cut off from the SWIFT system means Russian banks can't legally or efficiently execute transactions.
A protester holds a placard during a rally against Russia's invasion of Ukraine, at Place de la Republique in Paris, on Febr. 26, 2022.
GEOFFROY VAN DER HASSELT/AFP via Getty Images
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Economic sanctions in Russia: Have they worked?

by Molly Wood
Jul 16, 2015
Molly Wood talks to Olga Smirnova of the BBC.
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Ruble woes spark London house-buying spree

by Stephen Beard
Dec 24, 2014
Rich Russians eager to move their money are snapping up pricey London houses.
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Russia is facing a 'full-blown economic crisis'

by Adriene Hill
Dec 23, 2014
Adriene Hill talks to BBC Moscow correspondent Steve Rosenberg.
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When the ruble falls, who hears it?

by Sabri Ben-Achour
Dec 16, 2014
Ruble decline hurts Russians most, which could be a problem for everyone.
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Russia ramps up response as ruble plummets

by Adam Allington
Dec 16, 2014
Dramatic interest rate hikes are a first step, but Russia's economy will need more.
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