Follow RT for news and stories on economic matters and the world's currencies, including the official currency of the Russian Federation, the ruble. Two partly-recognized republics of South Ossetia and Abkhazia, as well as two unrecognized ones – Donetsk and Lugansk, also use the Russian ruble as their currency. Find news and stories on the history and evolution of the Russian ruble. It was also a currency of the Russian Empire and the Soviet Union. Russia survived a financial crisis in 2014-2017, which occurred as a result of the struggling Russian ruble. The ruble crisis was followed by many investors selling off their Russian assets. This caused the devaluation of the Russian ruble. Get news and details from RT on the Russian ruble crisis and further stabilization of the currency.