rubles

Russians scrambled to banks after Wagner mercenary group's chief Yevgeny Prigozhin launched an offensive against Moscow's military leadership last month. A total of 100 billion rubles (approximately $1.1 billion) were withdrawn from the…

Allu Arjun-starrer "Pushpa: The Rise" has collected over 10 million Rubles at the box office…

The shift is part of a push by Russia to reduce its reliance on the US dollar, euro and other hard currencies in its banking system and for trade — a drive that Moscow has accelerated since it was hit with Western sanctions in response to…

Faced with a concerning decline in Russia’s population, President Vladimir Putin revived this week a Soviet-era award established in 1944 to encourage Russians to expand their families, said reports. The “Mother Heroine” award, announced in…

As much as 8 billion rubles (about Rs 1,000 crore) of dividend income belonging to Indian oil firms is stuck in Russia after the Putin administration clamped down on dollar repatriation, officials said on Friday. Photograph: Alexey…

<!-- -->Russia has attempted to pay in domestic currency but bonds do not accept Rubles.Moscow: Russia said Wednesday that it will start paying its foreign debt in rubles after the United States ended an exemption allowing Moscow to…

Russia‘s Gazprom has informed Finland it will halt flows of natural gas from Saturday morning, Gasum said on Friday, after the Finnish state-owned gas wholesaler refused to pay its Russian supplier in rubles. Gazprom Export has…

Russian President Vladimir Putin’s decree imposing a new payments system for gas supplies has placed the European Union (EU) and Russia at loggerheads, with Moscow demanding that EU companies open accounts in rubles. The issue, sparked by…

Russia’s repayment of foreign currency bonds in rubles could be considered a default if it does not reverse course and pay in dollars, Moody’s, the ratings agency said on Thursday.The warning from Moody’s comes as Russia is inching closer…

Russia said Wednesday that it made a debt payment in rubles this week, a move that may not be accepted by Russia’s foreign debtholders and could put the country on a path to an historic default. The Ministry of Finance said in a…