# ruble

Chinese banks stop servicing Russian payments

In May, the Russian business, in contact with Western sanctions, found a new channel for financial transactions - small regional Chinese banks. However, in July most ...

Russia's military spending stimulates GDP

Despite the harsh sanctions imposed against Russia due to its aggression against Ukraine, the country's economy is showing unexpected growth. According to The Economist, military spending...

Will the ruble survive the new US Treasury sanctions against Russia

The US Department of Finance has announced sanctions against the Moscow Exchange and the National Clearing Center, which is of serious importance to Russia. This opinion was expressed by the ex-General ...

Rising Inflation and High Interest Rates: How War Financing Affects the Russian Economy

Inflation in Russia continues to increase, reaching 6% in September 2023 compared to 5.3% in August. This alarming growth is associated with increasing prices on ...

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