The USD/RUB exchange rate dropped to 79.48, its lowest level since April 2021, down by 30% from its highest point this year.

Congressional passage Tuesday of authority granting President Joe Biden new powers to seize Russian dollar assets to aid Ukraine has intensified debate over the potential consequences of foreign ...

File photo: A Russian ruble coin is pictured with a U.S. dollar bill and a quarter-dollar coin in Moscow on October 10, 2023. File photo: A Russian ruble coin is pictured with a U.S. dollar bill ...

Brendan Cole is a Newsweek Senior News Reporter based in London, UK. His focus is Russia and Ukraine, in particular the war started by Moscow. He also covers other areas of geopolitics including ...

The Russian central bank's frozen currency reserves should be confiscated and used to help Ukraine, Hermitage Capital Management CEO Bill Browder ... that would risk the dollar's dominance in ...