ruble

Russia plans to spend 17.1 trillion rubles, roughly US$202.58 billion, on defence in 2027, about 27% more than previously budgeted, according to Reuters. The increase signals Moscow's continued prioritisation of its military amid the war in Ukraine, drawing attention to how long Russia can sustain elevated wartime expenditure and what it means for NATO planning.

Russia's central bank has lowered the official exchange rates it sets for major currencies against the ruble. The move affects the daily rates used across Russia's financial system for accounting, taxation and currency conversion. It comes amid ongoing volatility in the ruble, which has faced pressure from sanctions, energy export fluctuations and shifts in foreign trade flows since 2022.

Russia is escalating its war economy commitments while deliberately obscuring the revenue base that sustains them, according to a Ukraine brief dated September 29, 2026. The draft 2027-2029 budget, due before the Duma by October 5, is expected to list defense spending above 16 trillion rubles, with deficits also projected to grow as the war continues.

Saint Petersburg has introduced amendments to its 2026 budget to increase spending on participants in the war in Ukraine. To cover the cost, the city plans to cut expenditures on education, repairs and bomb shelters, reducing overall city spending by 70.2 billion rubles. The proposal has drawn attention to how Russian regions are reprioritising funds away from civilian services towards war-related payments.

The Central Bank of the Russian Federation has set the official euro exchange rate at 95.8709 rubles for September 26. The figure serves as the reference rate used by banks and businesses across Russia for accounting and currency operations, and is being tracked amid ongoing volatility in the ruble against major currencies.

Daniil Medvedev defeated fellow Russian Andrey Rublev in the final of the ATP event in Hangzhou, hitting 23 aces on his way to the title. The all-Russian final gives Medvedev a trophy as the season winds down, and the performance of his serve proved the decisive factor in the match.

Daniil Medvedev captured the ATP AITO Hangzhou Open 2026 title in Hangzhou, defeating fellow Russian Andrey Rublev in the final. The all-Russian showdown marks a notable trophy for Medvedev and gives him momentum as the tour moves through the Asian swing. Fans are discussing the result and what it signals for both players' form heading into the rest of the season.

Daniil Medvedev defeated fellow Russian Andrey Rublev in the final of the Hangzhou 2026 tennis tournament, according to the ATP Tour. Highlights of the match have been published, confirming Medvedev's victory in the all-Russian title clash in China.