currency

currency

Banking | Central Banking
The Russian government is desperately trying to resurrect its flagging economy - which has been hit by harsh sanctions and plummeting oil prices - through a series of interest rate hikes

Russia’s unsustainable currency fix

Russia’s central bank must do away with its 15-year unlimited intervention policy, or risk exasperating its currency losses
Markets
Tough times ahead: the rouble's fall comes at a difficult period for Russia as its economy has been hit by sanctions imposed by the West

Rouble suffers biggest single day decline since 1998

A 40 percent slump in oil prices since the beginning of the year is weighing heavy on Russia’s rouble
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