Oil wealth a blessing, energy dependence a curse for Russia’s economy
Abundant oil and gas deposits have been a blessing for Russia, but they now feel like a curse as low ...
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Tag: Moscow
Russian ruble keeps on falling, hits new record low
MOSCOW (AP) — The Russian ruble has hit another historic low against the dollar as oil prices continue to slide ...
Read moreRussian ruble hits all-time low against dollar
The ruble hit a historic low on Wednesday as the dollar climbed past the 81 ruble mark for the first ...
Read moreRussian ruble slides to record low in Moscow trading
MOSCOW (AP) -- The Russian ruble slid to a record low against the dollar Wednesday under pressure from the low ...
Read moreRussian ruble hits a new low as oil prices weaken
MOSCOW (AP) — The Russian ruble, battered by weak oil prices, on Monday fell to an all-time low against the ...
Read moreRussian Finance Minister says worst has already happened for rouble
MOSCOW (Reuters) - Russia's Finance Minister Anton Siluanov said in a television interview aired on Saturday that the rouble exchange ...
Read moreMoscow stock exchange drops by 5 percent, ruble hit
The Moscow stock exchange on Friday dropped by five percent as Russia's energy-dependent economy reels from low oil prices, while ...
Read moreWestern sanctions ‘severely’ harming Russia: Putin
President Vladimir Putin acknowledged Monday in an interview with German daily Bild that Western economic sanctions over the Ukraine crisis ...
Read moreRussia’s ruble tanks on first day of trading after holiday
MOSCOW (AP) — The Russian ruble has tanked on the first day of trading after a ten-day holiday period as ...
Read moreMoscow stock exchange drops by over 4 percent, ruble hit
The Moscow stock exchange on Monday dropped by more than four percent as Russia's energy-dependent economy reels from low oil ...
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