Tag: rouble

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Germany to pay for gas in euros despite Russia’s rouble decree, says Scholz

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The German chancellor, Olaf Scholz, said he expects his country will continue to be able to pay for Russian gas in euros from Friday, after Vladimir Putin signed a decree threatening to enforce rouble payments from “u...

Russia’s central bank doubles interest rates after rouble plunges

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Russia’s central bank has more than doubled interest rates to 20%, and banned foreigners from selling local securities, in a bid to protect its currency and economy in the face of international sanctions over the inva...

Ukraine war: sanctions-hit Russian rouble crashes as Zelenskiy speaks of ‘crucial’ 24 hours

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The Russian rouble has crashed more than 40% after trading began on Monday in the wake of unprecedented international sanctions against the country’s financial system over Vladimir Putin’s invasion of Ukraine. The new...