The central bank in Moscow took steps to counter the currency’s slide, but the war and resulting sanctions have put intense pressure on the economy.
Author: Paul Sonne
The ruble’s fall is raising concerns inside Russia about rising inflation.
The Russian currency has lost about a quarter of its value against the dollar this year, a reflection of the country’s roiling economy.
Foreign Ministers of China and Russia Confer Phone After Jeddah Talks
China underscored its desire to “actively promote” efforts to end the war in Ukraine “on any multilateral occasion.”
Man of the People? Jolted by a Mutiny, Putin Works the Crowds.
His contained interactions with crowds this summer are a noticeable change for the Russian leader, who disdains retail politics and operated in extreme seclusion during the pandemic.
What to Know About Novorossiysk, the Russian Port Attacked by Ukraine
The seaport is one of Russia’s largest by volume and among the biggest in Europe, crucial to the export of Russian grain, oil, and other products to countries around the world.
Photos Suggest Prigozhin Is in Russia, Meeting African Officials
The whereabouts of the leader of the Wagner mercenary group has been a subject of continuing questions since an aborted mutiny last month.
Missing Russian General Sergei Surovikin Is ‘Taking a Rest’, Lawmaker Says
A Russian lawmaker says that Gen. Sergei Surovikin, who has not been seen in public since a short-lived mutiny, has been “taking a rest.”
Putin Met With Prigozhin and Wagner Leaders Days After Rebellion
The Kremlin’s disclosure of the meeting with Yevgeny V. Prigozhin and other Wagner group commanders hinted at the power they wield, but left many questions unanswered.
Ruble Hits Early War Lows Following Prigozhin’s Mutiny
The ruble fell as low as 94 rubles per dollar on Thursday before making a slight recovery by the end of the trading day.
Mutiny Provided Glimpse of a Post-Putin Russia. Is the Window Still Open?
Yevgeny Prigozhin’s revolt showed the possibility of a Russia after Vladimir Putin — and how pro-democracy forces may not be the ones that take over.