Andrey Belousov

Russia and Iran mulling joint shipping company

Russia and Iran mulling joint shipping company

Russia and Iran are discussing the possibility of establishing a joint shipping company, Iran’s Ambassador in Moscow Kazem Jalali said. "There is a need to reinforce our ports; there is a need to strengthen the …

Belousov: 80-90 rubles per dollar is optimal zone for economy

Belousov: 80-90 rubles per dollar is optimal zone for economy

The weakening of the ruble, which has been observed recently, was due to an adjustment in the exchange rate, the ruble-to-dollar rate is in the optimal zone for the economy, Russia's First Deputy Prime Minister Andrey Belousov said on the …

Belousov: pandemic problems remain on world agenda

Belousov: pandemic problems remain on world agenda

In an interview with the Rossiya-24 TV channel, First Deputy Prime Minister of Russia Andrey Belousov said that climate, food and pandemic problems remain on the world agenda. "No one has removed the climate agenda and climate …

Belousov names exchange rate which is better for Russian economy

Belousov names exchange rate which is better for Russian economy

A strong ruble has played its role for the economy, but now, with companies' revenues falling, it is generally better for the economy, including in terms of investment, to have a somewhat weaker ruble in the range of about 70-80 rubles per …

Russia's First Deputy PM: ruble is too strong now

Russia's First Deputy PM: ruble is too strong now

The ruble rate is too strong now and the rate of 70-80 rubles per dollar is balanced, First Deputy Prime Minister Andrey Belousov said in an interview with TASS. "The ruble is too strong with us. 55-60 rubles per dollar is the …

Russian weekly inflation falls to 0.66%

Russian weekly inflation falls to 0.66%

Russian weekly inflation fell to 0.66% in the latest week, First Deputy Prime Minister Andrei Belousov said on Wednesday. Weekly inflation in Russia slowed to 0.99% in the week to April 1 from 1.16% a week earlier, taking the …

Andrey Belousov: Russia under fourfold blockade

Andrey Belousov: Russia under fourfold blockade

The West is trying to isolate Russia as much as possible from the world economy, Russia's First Deputy Prime Minister Andrei Belousov said addressing the Federation Council on Wednesday. "They literally want to pull Russia …

Russia's PM Mishustin resumes duties after recovering

Russia's PM Mishustin resumes duties after recovering

Russian Prime Minister Mikhail Mishustin, who had been admitted to hospital with COVID-19, has resumed his duties, according to Russian President Vladimir Putin’s decree published on the Kremlin website on Tuesday. Mishustin …

Russia's Central Bank to cut key rate to 5%?

Russia's Central Bank to cut key rate to 5%?

Assistant to the Russian president Andrei Belousov believes that potential for further easing of the Russian Central Bank's monetary policy after several consecutive cuts in the key rate remains quite high. According to him, …

Rosneft to be privatized before December 15

Rosneft to be privatized before December 15

Privatization of state-owned oil company Rosneft should be completed before December 15, the Russian President’s aide Andrei Belousov said. "Our date is December 15," he answered the question if the …

Russian Central Bank promises to keep floating ruble rate

Russian Central Bank promises to keep floating ruble rate

The Bank of Russia does not plan to abandon the floating ruble rate and influence the rate level, the press service of the regulator said. "The floating rate is the built-in economic stabilizer that has proved its efficiency. The …