Russian currency drops against US dollar

The Russian ruble fell nearly 2% against the US dollar on the Moscow Exchange during trade on Friday, reaching its lowest point since late March 2022. The currency traded at 89.4 rubles to the dollar at 14:00 Moscow time, according to exchange data. The euro traded at over 97 rubles, also the lowest level since…

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Russia’s foreign debt fell by nearly 20% in 2023

The country’s liabilities have been steadily decreasing, according to the central bank Russia’s government and businesses have been steadily reducing the amount of money they owe to foreign lenders, the latest official data suggests.

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Russian military reports new gains in Ukraine’s Kharkov Region

The Russian military has seized two settlements in Kharkov Region and Donbass from Ukrainian forces, the Defense Ministry in Moscow announced on Wednesday. Troops dislodged Ukrainian forces from the village of Kislovka, around 25km east of Kupiansk, a key Ukrainian logistics hub in the region, the ministry said. The announcement comes two days after the…

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