Thursday, January 9, 2025
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ruble

Russia’s ruble is still worth less than a penny, and the Kremlin’s piggy bank for propping it up is running low

The ruble has come off its lows from earlier in the week after the central bank halted all foreign currency...

The ruble’s in a slump. For the Kremlin, that’s a two-edged sword

Russia's ruble is sagging against other currencies, complicating the Kremlin's efforts to keep consumer inflation under control with one hand...

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