But it did not create its own currency until two years later. It was still using the ruble in July 1993 when Russia abruptly issued a new national currency and old Soviet banknotes flooded Kazakhstan, ...

The Russian central bank is expected to hold interest rates at 21% in a decision at 1030 GMT as the ruble’s recent recovery has likely helped tackle inflation, Commerzbank said.

A woman walks past a board showing currency exchange rates of the US dollar and the euro against the Russian ruble in Moscow on July 6, 2023, as the Russian currency slid to its weakest marks since ...