Russian Central Bank

Bank of Russia reduces key rate to 16%

The Bank of Russia slashed the key rate by 50 basis points to 16% per annum for the fifth time in a row amid the decline in current price growth rates but highlighted increased inflation expectations.

Russia's gold reserves up by $112bln

Russia's gold reserves have increased by $112 billion in just one year, thanks to rising prices for the precious metal, according to the Bank of Russia data.

Central Bank comments on ruble exchange rate

Fluctuations in the ruble exchange rate are occurring at fairly strong levels, so it is not worth talking about a systematic weakening of the exchange rate, Russia's Central Bank Deputy Governor Alexei Zabotkin said.

Russia's Central Bank lowers key rate to 17% per annum

The Bank of Russia has cut the key rate for the third consecutive time, this time by 1%, bringing it down to 17% per annum, the regulator said in a statement. "The board of directors of the Central Bank of Russia has …

Russian central bank: further rate cut possible in 2025

Russia's central bank may be able to cut its key interest rate from 18% this year if inflation slows rapidly, but it does not rule out holding it at that level in order to achieve a sustainable slowdown in price growth, head of the bank's monetary policy department Andrei Gangan said.

Russia’s foreign debt up by 11%

Russia’s foreign debt amounted to $323 bln as of July 1, 2025, which is 11.1% (or $32.2 bln) higher than in early 2025, according to files released by the Russian Central Bank.

Dollar surpasses 82 ruble mark on Tuesday

The US currency continues its upward trend for the second consecutive day. The day before, it rose above 80 rubles for the first time in a month and a half, while today it exceeded 82 rubles.

Dollar rate exceeds 80 rubles

The U.S. dollar is showing a 1.21% increase on the Russian interbank market, climbing above 80 rubles, according to data from the Finam trading platform.

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