Russia’s c. bank sells $80.7m in yuan on May 16th
The Bank of Russia sold yuan on the local market with settlements on May 16, 2025, totalling 6.5 billion rubles…
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Bank of Russia
Bank of Russia hints at rate hike move in December
The Bank of Russia is studying the possibility of raising key interest rates in December, Governor Elvira…
Russian banker forecasts slowdown in sanctions-hit economy by 2025
Andrei Kostin, CEO of VTB, Russia’s second-largest bank, warned in a recenyt interview with Reuters that the…
Russia’s c.bank hints at another interest rate hike in Oct
The Bank of Russia has signaled that it may raise its benchmark interest rate again at its upcoming meeting on…
Bank of Russia upholds profit forecast for ’24
The Bank of Russia reaffirmed on Thursday its forecast for the banking sector's profits in 2024, expecting a total…
Russia’s mortgage lending grows 0.9 in August ’24
Russian mortgage lending rose slightly in August 2024, growing to 0.9 per cent from 0.7 per cent in July.
Billions in dollar, euro shipped to Russia despite sanctions
Around $2.3 billion in dollar and euro banknotes have been shipped to Russia since the US and EU banned cash…
Bank of Russia mulls key rate hike at July
The Board of Directors of the Bank of Russia will review key macroeconomic forecast parameters, including a…
Russia’s inflation to peak in July, decline by August
Annual inflation in Russia is expected to reach its peak in July, followed by a gradual decline starting in August…
Swiss freeze on Russian assets dwindles to $6.36b in ’23
The Swiss authorities have reported a year-over-year decrease of 1.7 billion Swiss francs in the value of frozen…
Russian finance minister forecasts economic growth of 2.5% in 2023
Russia's economy is expected to grow by 2.5 percent or more in this year, while inflation is set to reach six…
Russia’s central bank leaves rates ‘unchanged’ but signals a cut early 2017
The Russian central bank announced on Friday that it was keeping its key interest rate at 10 percent, yet it opened…
Russian Ruble hits Fresh record Lows
The Russian ruble hit fresh record lows early Friday, pressured by a further drop in oil prices and the country's…
Ruble’s Rescue Comes with Cost for Russian Economy
Russian policy makers are signaling they’re prepared to sacrifice economic growth in order to stabilize the ruble.…
Bank Of Russia Raises Ruble Trading Band Again
The Bank of Russia continued adjusting the ruble trading band, letting the ruble weaken gradually to new all-time…
Bank of Russia Moves Ruble Band Higher Again
The Bank of Russia shifted the ruble's trading band higher Monday in response to continuing selling pressure on the…
Bank Of Russia Leaves All Rates Unchanged
The Bank of Russia said Friday it is leaving interest rates unchanged despite increased signs of the same…
Bank of Russia Leaves Key Rate Unchanged At 8%
The Bank of Russia has decided to leave its key refinancing rate at 8% at its Thursday policy meeting.The central…