Tue, 21-Oct-2025

Rouble crashes amid Western sanctions over Ukraine assault

Russian Ruble

MOSCOW: The rouble collapsed against the dollar and the euro on the Moscow Stock Exchange on Monday, as the West punished Moscow with new sanctions over the Kremlin’s invasion of Ukraine. The rouble fell sharply at the start of trading, reaching 100.96 to the dollar, compared to 83.5 on Wednesday, the day before the invasion … Read more

At least 10 Russian companies considering IPOs in 2022

Russian companies

MOSCOW: At least 10 Russian companies could hold an initial public offering (IPO) in 2022, extending the listing spree that started a year ago if geopolitics, including Ukraine tensions, and other risks do not thwart their plans, Reuters quoted bankers and advisers, as saying. Russian car dealer Keyauto on December 13 became the latest firm to confirm … Read more