Russian banking sector profits surge 42% in August ’24
The Russian banking sector's profits experienced a significant surge in August 2024, increasing by 42 per cent…
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Russia’s central bank
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.
Russia revokes American Express’ banking licence
Russia’s central bank has revoked the banking licence of American Express Co.'s Russian subsidiary, following the…
Russia’s central bank hikes rates by 350bps to 12%
Russia’s central bank hiked interest rates by 350 basis points to 12 percent at an emergency meeting on Tuesday, a…
Russia’s central bank includes Egyptian pound in its official exchange rates list
Russia’s central bank has included the Egyptian pound in its list of currencies it sets official exchange rates for…
Russia’s central bank could cut interest rates to a historic low
The Central Bank of Russia (CBR) is expected to cut its benchmark interest rate on Friday to its lowest level since…
Russia’s central bank cuts key rate to 9.75%
Russia's central bank cut on Friday its key rate to 9.75 percent and signalled more cuts would probably follow as…
Russian central bank criticizes the easy money policies of its peers
Russian economy is facing a different range of issues than those facing the U.S., Japan and the euro zone and so…
Russia to Help Large Borrowers As S&P Mulls Junk Rating
Russia's central bank offered on Wednesday to help top exporters refinance heavy foreign debts next year, expected…
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…
