Moscow adopted the yuan-to-ruble exchange rate as benchmark after the US expanded sanctions against it. The US sanctions forced the Moscow Exchange to end dollar and euro trading, causing market ...

The Russian ruble has weakened, surpassing the symbolic threshold of 100 against the dollar. The ruble continues to decline as demand for hard currency in Russia increases amid the recovery of imports ...

Russian companies that do business with China have encountered more headwinds in recent days as Chinese banks raised the yuan-ruble exchange rate to capitalize on their neighbor's weakened currency.

The Russian currency has gained value, only months after sanctions had seen it plunge in relation to the greenback.

The dollar and euro exchange rates in 2026 may drop below 70 and 80 rubles, respectively. This was announced on Sunday, ...

Moscow's economic ties with Beijing have tightened even more after Russia's Central Bank announced the yuan-ruble exchange rate will become a benchmark for other currency pairs. The bank's statement ...