Accessibility helpSkip to navigationSkip to contentSkip to footer

Cookies on FT Sites

We use cookies and other data for a number of reasons, such as keeping FT Sites reliable and secure, personalising content and ads, providing social media features and to analyse how our Sites are used.

Accept cookies
Manage cookies
  • Sign In
  • Subscribe
Open side navigation menuOpen search bar
Financial Times
SubscribeSign InmyFT
  • Home
  • World
    Sections
    • World Home
    • Israel-Hamas war
    • Global Economy
    • UK
    • US
    • China
    • Africa
    • Asia Pacific
    • Emerging Markets
    • Europe
    • War in Ukraine
    • Americas
    • Middle East & North Africa
    Most Read
    • Israeli intelligence ‘dismissed’ detailed warning of Hamas raid
    • Argentina’s Javier Milei backs away from dollarisation as central bank pick rejects role
    • Geert Wilders faces early setback in Dutch coalition talks
    • Hamas releases 24 hostages as Israel truce takes hold
    • Cathay Pacific offers cheap flights to help Hong Kong’s ‘patriots only’ vote
  • US
    Sections
    • US Home
    • US Economy
    • US Companies
    • US Politics & Policy
    Most Read
    • Companies
      Sections
      • Companies Home
      • Energy
      • Financials
      • Health
      • Industrials
      • Media
      • Professional Services
      • Retail & Consumer
      • Tech Sector
      • Telecoms
      • Transport
      Most Read
      • KPMG extends pay freeze to 12,000 UK staff
      • Tesla strikes in Sweden are ‘insane’, says Elon Musk
      • How BP’s ‘Sun King’ court enabled the rise and fall of Bernard Looney
      • Jeff Zucker hits out at rival Telegraph bidders for ‘slinging mud’
      • Boots offloads £4.8bn pension scheme to Legal & General
    • Tech
    • Markets
      Sections
      • Markets Home
      • Alphaville
      • Markets Data
      • Cryptofinance
      • Capital Markets
      • Commodities
      • Currencies
      • Equities
      • Fund Management
      • Wealth Management
      • Trading
      • Moral Money
      • ETF Hub
      Most Read
      • Argentina’s Javier Milei backs away from dollarisation as central bank pick rejects role
      • News updates from November 24: Hamas releases hostages as Israel truce begins, Netherlands’ VVD party deals blow to Geert Wilders’ government hopes
      • How BP’s ‘Sun King’ court enabled the rise and fall of Bernard Looney
      • Investors dump dollar in bet that US rates have peaked
      • Montenegro court clears crypto chief Do Kwon for extradition
    • Climate
    • Opinion
      Sections
      • Opinion Home
      • Columnists
      • The FT View
      • Lex
      • Obituaries
      • Letters
      Most Read
      • OpenAI has just fused its corporate ‘kill switch’
      • Europe’s problem? It’s too attractive
      • Crypto power struggle enters new stage with Binance settlement
      • Slaying the worklessness monster is a thankless but crucial task
      • A much-needed truce between Israel and Hamas
    • Work & Careers
      Sections
      • Work & Careers Home
      • Business School Rankings
      • Business Education
      • Entrepreneurship
      • Recruitment
      • Business Books
      • Business Travel
      • Working It
      Most Read
      • Business Books: What to read this month
      • Brexit negotiator Michel Barnier: ‘The EU is not the same one the UK left’
      • In search of chief executives who never grow ‘old’
      • Start-ups challenge culture of the Japanese salaryman
      • The inescapable tyranny of the bad boss
    • Life & Arts
      Sections
      • Life & Arts Home
      • Arts
      • Books
      • Food & Drink
      • FT Magazine
      • House & Home
      • Style
      • Travel
      • FT Globetrotter
      Most Read
      • Tom Hanks: ‘I was a pretty lucky guy’
      • Why the breakdown of the 9-to-5 job is making us lonelier
      • Leon Black’s downfall confounds the legacy of #MeToo on Wall Street
      • The most decorated mountaineer ever (and why you’ve never heard of him)
      • Could younger homebuyers turn Belgravia from staid to ‘buzzy’?
    • HTSI
    MenuSearch
    • Home
    • World
    • US
    • Companies
    • Tech
    • Markets
    • Climate
    • Opinion
    • Work & Careers
    • Life & Arts
    • HTSI
    Financial Times
    SubscribeSign In

    Russian economy

    Add to myFT Digest

    Add this topic to your myFT Digest for news straight to your inbox

    • Thursday, 16 November, 2023
      FT News Briefing podcast10 min listen
      Sunak grapples with ruling on flagship asylum plan

      EU toughens measures on illegal shipments of Russian oil

    • Wednesday, 15 November, 2023
      FT News Briefing podcast10 min listen
      Biden and Xi meet in San Francisco

      US stocks and bonds jump after inflation falls to 3.2%

    • Friday, 10 November, 2023
      Russia adds more than 3tn roubles to its budget

      Extra spending highlights ballooning cost of Vladimir Putin’s war in Ukraine

    • Thursday, 9 November, 2023
      News in-depth
      Russia’s war economy leaves businesses starved of labour

      Busy armaments factories are depriving other industries of scarce workers

      Military vehicles at a plant in St Petersburg
    • Sunday, 5 November, 2023
      Martin Sandbu
      The west must not prevaricate when it comes to seizing Russian reserves

      Confiscating and deploying them for Ukraine’s benefit is the morally obvious next step

      People walk past a poster depicting Ukrainian servicemen and a slogan which reads “Bring the victory soon” in Kyiv
    • Tuesday, 31 October, 2023
      News in-depth
      Russia tightens capital controls on western companies

      Restrictions on foreign currency transactions are aimed at shoring up rouble

      A montage of Vladimir Putin’s photo and some rouble notes
    • Wednesday, 25 October, 2023
      News in-depthRussian society
      The Russians returning home from self-imposed exile

      More than 800,000 people fled Russia after last year’s invasion of Ukraine. Now, some have changed their minds

      Men walk in Red Square, Moscow,
    • Thursday, 12 October, 2023
      Russian rouble
      Russian rouble rebounds after Kremlin brings back capital controls

      Decree from Vladimir Putin will force exporters to sell some of their foreign currency revenues for roubles

      Vladimir Putin in a chair, looking to his right. Part of a colourful flag can be seen in the background
    • Thursday, 5 October, 2023
      War in Ukraine
      Russia scrambles to cover ballooning cost of Ukraine war

      One-off budget revenues to go up in 2024 as Moscow’s defence spending has tripled

      Russian soldiers patrol at the Mariupol drama theatre last year
    • Tuesday, 3 October, 2023
      Russian rouble
      Rouble falls past 100 to dollar after boost from higher rates fades

      Currency extends losses as sanctions weigh on export revenues

      People walk on the Red Square in Moscow, Russia
    • Monday, 25 September, 2023
      InterviewOleg Deripaska
      Russia has proved resilient to western sanctions, says Deripaska

      Metals oligarch tells FT of his ‘surprise’ at performance of economy in wake of invasion of Ukraine

      Oleg Deripaska
    • Friday, 22 September, 2023
      Russia plans to increase spending by more than 25% next year

      Kremlin cites boosting ‘defence potential’ and integrating new regions for raising draft budget to $383bn

      Vladimir Putin
    • Monday, 18 September, 2023
      News in-depthRussian business & finance
      Billions of dollars in western profits trapped in Russia

      Businesses from ‘unfriendly’ countries have amassed more than $18bn in earnings since the start of the invasion of Ukraine

      Montage of various corporate logos and the Kremlin
    • Sunday, 3 September, 2023
      Russian business & finance
      Chinese lenders extend billions of dollars to Russian banks after western sanctions

      Beijing has pushed renminbi as alternative global currency to dollar

      An ICBC branch
    • Wednesday, 30 August, 2023
      Tony Barber
      Russia still has options to sustain its creaking war economy

      The Kremlin’s apparent aim is to tough it out and see if the political tide turns in the US elections

      People visit the Victory Museum in Moscow. Russia displays many classic symptoms of a wartime economy, such as inflation, labour shortages, rising government expenditure and deficit financing
    • Wednesday, 16 August, 2023
      Russian rouble
      Putin plans meeting on Russian currency controls after rouble’s slide

      Session called after central bank rate rise fails to halt currency’s decline

      Russian president Vladimir Putin
    • Tuesday, 15 August, 2023
      Russian rouble
      Russia raises interest rates to halt collapse in rouble

      Central bank lifts key rate to 12% as jitters grow over the economy and currency’s weaknesses

      A red dot-matrix board displays the rates as a cyclist goes past
    • Monday, 14 August, 2023
      LexOil & Gas industry
      Rouble weakness/oil: combat stress will force Russia to pump more Premium content

      A weak currency offers an incentive to boost oil exports just when Saudi Arabia reduces supply

      Russian economic development minister Maxim Reshetnikov talks with Russian central bank chief Elvira Nabiullina
    • Monday, 14 August, 2023
      Russian central bank to hold emergency rate meeting as rouble flounders

      Policymakers at odds over how to deal with economic fallout from invasion of Ukraine

      A girl walks past Russia’s central bank
    • Monday, 14 August, 2023
      Russian rouble
      Rouble hits 16-month low as military spending rises and exports fall

      Central bank says it may raise interest rate as Russian currency weakens to 101 against dollar

      A board showing currency exchange rates of the U.S. dollar and euro against Russian rouble is on display in a street in Moscow
    • Sunday, 30 July, 2023
      Cryptocurrencies
      Rouble-Tether crypto trading surged as Wagner rebellion erupted

      Trading volumes were up 277% as Russians sought an alternative to weakening national currency

      A montage of Wagner group militia fighters, the Wagner flag and the Tether logo
    • Thursday, 6 July, 2023
      Russian rouble
      Russian rouble hits 15-month low after Wagner mutiny

      Currency trades at its lowest level since the aftermath of Moscow’s full-scale invasion of Ukraine

      A one Russian ruble coin sits against a stack of coins
    • Thursday, 15 June, 2023
      Russian business & finance
      Russia moves to seize ‘naughty’ western companies

      Vladimir Putin’s confidential decree aims to give the Kremlin power to retaliate against European and US sanctions

      Vladimir Putin
    • Tuesday, 13 June, 2023
      Russia
      Kremlin unveils windfall tax to raise Rbs300bn from oligarchs

      Planned levy is expected to hit Russia’s metals and fertiliser industries the hardest

      A man holding a Russian flag
    • Saturday, 27 May, 2023
      Europe Express
      Putin’s Potemkin economy Premium content

      Misleading or suppressed official figures make it hard to assess Russia’s wartime economic record but strains are evident

      Russian prime minister Mikhail Mishustin visits Tsinghua university in Beijing, China this week
    Previous page You are on page 1 Next page

    Useful links

    Support

    View Site TipsHelp CentreContact UsAbout UsAccessibilitymyFT TourCareers

    Legal & Privacy

    Terms & ConditionsPrivacy PolicyCookie PolicyManage CookiesCopyrightSlavery Statement & Policies

    Services

    Share News Tips SecurelyIndividual SubscriptionsProfessional SubscriptionsRepublishingExecutive Job SearchAdvertise with the FTFollow the FT on XFT ChannelsFT Schools

    Tools

    PortfolioToday’s Newspaper (FT Digital Edition)Alerts HubBusiness School RankingsEnterprise ToolsNews feedNewslettersCurrency Converter

    Community & Events

    FT CommunityFT Live EventsFT ForumsFT Board DirectorBoard Director Programme

    More from the FT Group

    Markets data delayed by at least 15 minutes. © THE FINANCIAL TIMES LTD 2023. FT and ‘Financial Times’ are trademarks of The Financial Times Ltd.
    The Financial Times and its journalism are subject to a self-regulation regime under the FT Editorial Code of Practice.
    Financial Times

    International Edition

    Subscribe for full access
    • Switch to UK Edition

    Top sections

    • Home
    • World
      • Israel-Hamas war
      • Global Economy
      • UK
      • US
      • China
      • Africa
      • Asia Pacific
      • Emerging Markets
      • Europe
      • War in Ukraine
      • Americas
      • Middle East & North Africa
    • US
      • US Economy
      • US Companies
      • US Politics & Policy
    • Companies
      • Energy
      • Financials
      • Health
      • Industrials
      • Media
      • Professional Services
      • Retail & Consumer
      • Tech Sector
      • Telecoms
      • Transport
    • Tech
      • Artificial intelligence
      • Semiconductors
      • Cyber Security
      • Social Media
    • Markets
      • Alphaville
      • Markets Data
      • Cryptofinance
      • Capital Markets
      • Commodities
      • Currencies
      • Equities
      • Fund Management
      • Wealth Management
      • Trading
      • Moral Money
      • ETF Hub
    • Climate
    • Opinion
      • Columnists
      • The FT View
      • Lex
      • Obituaries
      • Letters
    • Work & Careers
      • Business School Rankings
      • Business Education
      • Entrepreneurship
      • Recruitment
      • Business Books
      • Business Travel
      • Working It
    • Life & Arts
      • Arts
      • Books
      • Food & Drink
      • FT Magazine
      • House & Home
      • Style
      • Travel
      • FT Globetrotter
    • Personal Finance
      • Property & Mortgages
      • Investments
      • Pensions
      • Tax
      • Banking & Savings
      • Advice & Comment
      • Next Act
    • HTSI
    • Special Reports

    FT recommends

    • Lex
    • Alphaville
    • Lunch with the FT
    • FT Globetrotter
    • #techAsia
    • Moral Money
    • Visual and data journalism
    • Newsletters
    • Video
    • Podcasts
    • News feed
    • FT Live Events
    • FT Forums
    • Board Director Programme
    • myFT
    • Portfolio
    • Today’s Newspaper (FT Digital Edition)
    • Crossword
    • Our Apps
    • Help Centre
    • Subscribe
    • Sign In