Russian Ruble: From down-and-out to Darling
What a week it's been for Russia's ruble—the currency that was in crisis in December has hit new highs against the…
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Russia’s economy
Russian Economy in First Major Contraction since October 2009
Russia's economy contracted sharply in November, for the first time since October 2009, in the biggest sign to date…
Russia Forecasts Economic Slump as Bailed-out Bank Gets More Funds
Slumping oil prices have put Russia's economy on course for a sharp recession and double-digit inflation next year,…
Russia Cuts 2015 GDP Growth Outlook to -0.8%: Reports
Russia's economy is poised to shrink much more than previously expected, the country's economy ministry said on…
Bank of Russia Leaves Key Rate Unchanged At 8%
The Bank of Russia has decided to leave its key refinancing rate at 8% at its Thursday policy meeting.The central…