The Russian ruble has become the dominant currency in the country’s export payments for the first time since the West imposed ...

The annual economic forum in St. Petersburg used to yield multibillion-dollar deals and feature performances by global music ...

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Information provided on Forbes Advisor is for educational purposes only. Your financial situation is unique and the products and services we review may not be right for your circumstances.

The head of one of Russia’s largest steel producers has warned of imminent production cuts and plant closures in the ...

Israel's war with Iran has become a "lifeline" for the russian budget, which is experiencing a sharp drop in oil export ...

MOSCOW. June 16 (Interfax) - Rubles were used to pay for a record 56.2% of Russian imports in April 2025, the previous high being 53.7% in March 2025, the Central Bank of Russia said in preliminary ...

ST. PETERSBURG, June 19. /TASS/. The current strong exchange rate of the ruble reflects the market situation, although a weaker ruble would be more profitable for exporters, Russian Deputy Prime ...

Russian stocks closed flat on Saturday, with the MOEX Russia Index ending the session unchanged at 0.00%. Energy shares led ...

Here comes the first new Lada model in 30 years. The Azimut is a crossover entirely developed by Russian companies, which ...

MOSCOW. June 18 (Interfax) - The current oil price allows Russia to continue investment in oil production, and although the ruble's strengthening makes the situation challenging from a financial ...

"Yuan at the moment has not become a currency of savings for Russians. If earlier the population was actively saving in ...