Ruble

Showing of 1 - 20 from 11 results
Ruble - Total results - 11
Putin goes for a salary cut of 10% as Russian economy reels from ruble collapse
World

Putin goes for a salary cut of 10% as Russian economy reels from ruble collapse

Russian President Vladimir Putin announced on Friday he was cutting his salary by 10 per cent as well as the earnings of several top government officials, as the country's economy reels from the collapse of the ruble.

Gloomy forecast: Global economy set to end year in a fragile state
International

Gloomy forecast: Global economy set to end year in a fragile state

A relentless slide in oil prices -- Brent Crude has almost halved in price since June -- while a blessing to most rich world consumers, is becoming a curse for countries reliant on resource exports.

Putin says Russia is 'not in a crisis' but here's why you should be worried
Economy

Putin says Russia is 'not in a crisis' but here's why you should be worried

Earlier this week, Russia made its last-ditch effort to save its economy and its currency from collapsing. The country's central bank hiked the interest rates from 10.5 percent to 17 percent, the biggest hike since Russia's ruble crisis in 1998, to prevent the ruble from crashing in value for the sixth time this year even though the currency has hit its record low, sparking worries of an economic and political instability

Ruble falls, economy in crisis: Still 80% Russians support Putin
World

Ruble falls, economy in crisis: Still 80% Russians support Putin

The ruble has lost more than half its value, the economy is in crisis and his aggression in Ukraine has turned the country into an international pariah.

Ruble strengthens after fall as Russian govt pressures exporters
Economy

Ruble strengthens after fall as Russian govt pressures exporters

Russia's ruble strengthened sharply on Wednesday after dramatic falls on the previous two days as the government pressured exporters not to hoard foreign-currency earnings

Will overcome economic crisis, says Russian PM
International

Will overcome economic crisis, says Russian PM

Russian Prime Minister Dmitry Medvedev today assured ministers and industry leaders that the country had enough monetary resources to overcome the economic crisis despite the ruble's plunge in value.

Oil slick: Nifty below 8000, rupee nears 64 as ruble roils global markets
Money

Oil slick: Nifty below 8000, rupee nears 64 as ruble roils global markets

The rate setting committee of the US Federal Reserve is expected to release a dovish statement today after its two-day meeting ends. <br />

Global markets spooked as Russian ruble suffers steepest drop in 16 years
Economy

Global markets spooked as Russian ruble suffers steepest drop in 16 years

The ruble plunged more than 11 percent against the dollar on Tuesday in its steepest intraday fall since the Russian financial crisis in 1998 as confidence in the central bank evaporated after an ineffectual rate hike.

Crude shock: Ruble crashes the most in 16 years, sends shivers across global economy
Economy

Crude shock: Ruble crashes the most in 16 years, sends shivers across global economy

Amid such an economic environment globally, it is difficult to imagine how risk assets such as stocks can thrive.

Russia losing $40 bn a year due to sanctions over Ukraine
World

Russia losing $40 bn a year due to sanctions over Ukraine

The EU and the United States have imposed several rounds of sanctions on Russia over its role in Ukraine, sending the ruble plunging and inflation soaring.