Russia’s Central Bank has decided to keep its key rate at 21% per annum contrary to analysts’ projections, noting though that it will assess the need of raising the rate at the next meeting. "On December …
The Bank of Russia may start lowering its key rate next year provided there are no new shocks, the regulator’s Governor Elvira Nabiullina said at a plenary session in the State Duma. "We believe that our policy …
There is an increase in credit fraud in Russia
If the digital ruble is successfully tested its mass introduction is possible starting July 2025, Russian Central Bank Governor Elvira Nabiullina said. According to her, if everything goes as they plan further on, pilots will be …
The Bank of Russia will not follow the Turkish scenario and raise the key rate sharply, the regulator’s governor Elvira …
Russia's Central Bank still assesses the state of the Russian economy as being substantially overheated, Central Bank Governor Elvira …
The Minister of Economy of Azerbaijan arrived in Moscow. There, Mikayil Jabbarov met with the Head of the Central Bank and Deputy Prime Minister. Information about the negotiations was published by the press services of the Central Bank of the Russian Federation and the Russian Cabinet of Ministers.
The Bank of Russia may shift to reduction of the key rate in the second half of 2024 if inflation continues slowing down stably, the regulator’s Governor Elvira Nabiullina said addressing the State Duma. "If …
The Russian Central Bank’s present key rate of 16% is temporary, Russian President Vladimir Putin said, adding that it will change as inflation declines. "The Central Bank’s key rate in its today’s …
The Bank of Russia has effective tools to reduce inflation to the target of 4%, and will be ready to raise the key rate for this purpose, the regulator’s …
The Bank of Russia will be ready to raise the key rate again this year if signs of lasting slowdown of inflation do not appear, central bank chief Elvira Nabiullina said at the press conference after the Board meeting. …
The Central Bank is skeptical about the idea of following China’s experience in strictly regulating financial markets
Any deposit in a foreign currency bears the currency risk, Governor of the Bank of Russia Elvira Nabiullina said at the press conference …
Central Bank chief Elvira Nabiullina said that the ruble's current weakening is explained in large part by foreign trade, but attempts …
The Russian economy is close to recovering to the economic activity level in 2021, Governor of the Central Bank Elvira Nabiullina said. …
The Russian economy is now developing closer to the upper bound of the Central Bank's 2023 forecast range of 0.5%-2% GDP growth, Central Bank Governor …
Iran plans to move away from the dollar in transactions with Russia, Iran’s First Vice President Mohammad Mokhber said. When …
Issues of strengthening trade exchanges and the use of national currencies in bilateral trade were the focus of talks between Russian Central Bank Governor Elvira Nabiullina and her Iranian counterpart, Mohammad-Reza Farzin, in Tehran on …
The head of the Central Bank of Russia will visit Iran on Tuesday. The announcement was given in the Iranian Central Bank. The Russian side does not comment.
Russia and Türkiye have agreed to introduce a new payment system for Russian tourists, allowing them to use debit cards for payments on the territory of a friendly country
