"However inflationary pressures are also likely intensifying, in part due to the recent depreciation of the ruble." With natural gas exports already hit hard by sanctions, the main bank involved ...

Explore the main reasons why the USD/RUB has crashed by over 20% since November last year and what to expect in the near term ...

The ruble immediately plunged following ... Russia is "selling less abroad — mainly reflected in falling revenue from oil and natural gas — and it's importing more," The Associated Press ...

The agreement was reached on October 26. “This agreement gives Ukraine a space for maneuver in paying for imported commodities, among them natural gas, and helps avoid effect of currency market ...

According to the decree, such buyers will be required to open special ruble accounts with ... half of its revenues from natural resources, including minerals, gas and oil, as well as earnings ...