Latest Ruble Stories

2009-08-07 15:57:38

Russia's top independent television group reported a loss in revenues by more than a third in the second quarter of 2009, even though viewership was up. CTC Media said its total revenue was off 34 percent to $113.9 million -- but was off about 10 percent when measured in rubles, Russia's currency, Variety reported Friday. Company officials said it trimmed operating expenses by about 32 percent over the same period a year ago to about $70.1 million.

2009-07-07 09:46:34

A $510 debt was paid by a man who brought 33 pounds of coins to the courthouse in the Russian Far East city of Vladivostok, officials said. Bailiffs said the businessman from Partizansk, Russia, a town in the Primorye Territory, brought in 14 bags of coins to pay the debt owed to a Vladivostok man.

2008-12-26 16:45:01

The Russian ruble fell to a new low against the euro Friday with former Soviet leader Mikhail Gorbachev warning Russia faces a dangerous time. The ruble slid fell to 40.81 against the euro and 29 against the dollar after the fourth currency devaluation by Moscow in a week, The Financial Times reported

2008-10-15 15:00:18

Investigators say Russian Defense Ministry officials swindled the government out of millions of rubles by creating fictitious contractors. The alleged thieves were employed at the 26th Central Scientific Research Institute, a Defense Ministry agency, Kommersant reported.

Word of the Day
  • The parings of haberdine; also, any kind of fragments.
The word 'gubbings' is a variant of the word 'gobbon', meaning 'a portion, gobbet.'