The Russian ruble is back. The USD/RUB exchange rate has retreated from last year’s high of 114.45 to the current 98.30, its ...

BRICS doesn’t plan to create a new common currency to replace the dollar, Kremlin spokesman Dmitry Peskov said.

Russia's international reserves were reported at $609.5bn as ... to cover the whole budget deficit for at least two years. The federal budget deficit was projected to end 2024 at RUB3.3 trillion ...

MOSCOW (Reuters) - President Vladimir Putin has authorised the purchase of Goldman Sachs' unit in Russia by investment company Balchug Capital, a government decree published on Friday showed.

Scott Bessent, tapped by Donald Trump to be treasury secretary, faced sharp questions from Democrats and Republicans on tax ...

Russian banks made record annual profits of 4 trillion roubles ($40.7 billion) in 2024, the central bank said on Thursday, as ...

President Trump has said he will "demand" lower interest rates, raising questions about his ability to influence the Federal Reserve.