EU adopts 18th sanctions package against Russia
The European Commission adopted its 18th sanctions package against Russia, aiming to intensify economic pressure…
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Russian banks
EU readies new Russia sanctions with US coordination
The European Union is preparing its 18th package of "hard-biting" sanctions targeting Russia, aiming to tighten…
Bank of Russia raises 2024 profit outlook for banking sector
The Bank of Russia on Tuesday raised its profit forecast for the banking sector in 2024.
Dubai Airport duty-free now accepts roubles
Duty-free shops at Dubai International Airport started accepting cash roubles, as reported by a TASS correspondent.
EU sanctions against Russia renewed for 6-m period
The Council of the EU renewed its restrictive measures against Russia for an additional six months, now valid until…
Russia eases forex sales rules for rouble contracts
Russian government eases foreign currency sales rule for exporters amid rouble concerns, Reuters reported on…
Foreign companies inject $385m in Russian budget
As foreign companies continue to exit Russia, their departure has contributed a total of 35.7 billion roubles ($385…
S&P Sounds Warning on Chinese Property Sector, Russian Banks
Credit rating agency Standard and Poor's said on Wednesday that China's over-priced and over-supplied property…
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…