Tag - ruble

 
 

RUBLE

The refrain from linking the ruble's fall to the events unfolding just 530 kilometers southwest of Moscow illustrates a push within Russia to prevent bad economic news from reaching the wider public.
BUSINESS / Economy
Aug 16, 2024
Silence reigns in Russia over linking ruble fall to Ukrainian attack
The ruble touched a 10-month low against the dollar and the lowest level against the yuan since June 24 in the Aug. 13 session.
Russian President Vladimir Putin at the Kremlin on Aug. 18. Putin’s authority as a guarantor of stability has taken a big hit in the wake of the mutiny by Yevgeny Prigozhin.
WORLD / Politics / FOCUS
Aug 21, 2023
Putin turns to ruble and ballot to shore up shaken authority
Despite growing misgivings among Russia’s elites, for the regular voter, Putin remains wildly popular.
A man examines the rates at a currency exchange office in Moscow on Monday.
BUSINESS / Economy
Aug 19, 2023
Russia’s powerful split into squabbling factions over the ruble
Sparring over the ruble’s plunge focused on what caused it just as much as on what to do about it.
Moscow has begun testing its new digital ruble with consumers this week.
BUSINESS / Tech
Aug 16, 2023
Russia tests digital ruble for sanctions evasion and social control
Development of the digital ruble took off after Western sanctions blocked Russia from parts of the global banking system.
Japan Times
BUSINESS
Aug 15, 2022
Russia unplugs foes, rewards friends in latest market reboot
The plan will focus on mobilizing capital at home while catering to places the Kremlin considers friendly.
Japan Times
BUSINESS
Jul 29, 2022
Russia asks Sakhalin-2 LNG buyers to pay for gas through Russian bank
The red tape of switching could delay vital deliveries of the fuel just as the world is grappling with fuel shortages and soaring energy prices.
Japan Times
BUSINESS
Jun 27, 2022
Russia defaults on foreign debt for first time since 1918
Given the damage already done to the economy and markets, the default is also mostly symbolic for now, and matters little to Russians dealing with double-digit inflation.
Japan Times
BUSINESS
May 26, 2022
Russia poised to act against ruble rebound that’s seen as a threat
Gains in the currency are giving the government pause, as they bite into exporter competitiveness and budget revenue on oil, gas and other commodities sold abroad.
Japan Times
BUSINESS / EXPLAINER
Mar 16, 2022
Can Russia pay its creditors, and what happens if not?
The country due to pay interest on two sovereign bonds Wednesday. But diplomatic standoffs and economic curbs raise questions over if and how they can pay it.
Japan Times
BUSINESS / Markets
Apr 17, 2018
Even as dollar slips, Trump says Russia and China are playing 'currency devaluation game'
U.S. President Donald Trump accused Russia and China on Monday of devaluing their currencies while the United States raises interest rates.
COMMENTARY / World
Apr 23, 2015
Russia's economy steps back from the brink
Russia's economic performance is leading some forecasters to be a bit more optimistic about the depth of its recession.
EDITORIALS
Dec 18, 2014
Russia's downward slide
The decision by Russia's Central Bank to practically double interest rates in the middle of the night is a bad sign. The question now is how President Vladimir Putin will double-down to get Russia through a perfect economic storm.
Japan Times
BUSINESS / Markets
Dec 18, 2014
Putin faces media in 'moment of truth' as Russia's economy reels
Russian President Vladimir Putin will address the media at his annual press conference Thursday as the country faces a crisis that evokes memories of the post-Soviet dystopia of 1998.
Japan Times
COMMENTARY / World
Dec 2, 2014
Putin's risky gamble on a weakening ruble
Russian President Vladimir Putin is betting Russians will weather worsening economic conditions, if only because the cost of revolt is so high.

Longform

Construction takes place on the Takanawa Gateway Convention Center in Tokyo, slated to open in 2025.
A boom for business tourism in Japan?