Cashless payments share reaches 86% in Russia - Nabiullina
The share of cashless payments in Russia has now reached 86%, according to Governor of the Bank of Russia Elvira Nabiullina. "We are …
Elvira Nabiullina
Russia's Central Bank expects slowdown in inflation to continue
Weekly inflation data indicate that price growth is continuing to slow, Russia's Central Bank governor Elvira Nabiullina said. …
Nabiullina: likelihood of key rate hike in future decreases
The Russian Central Bank does not rule out the possibility of raising the key rate if the pace and sustainability of the fall in …
Bank of Russia keeps key rate at 21% after Putin's criticism
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 …
Russia's Central Bank announces plans to cut key rate
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 …
Cooling-off period should be introduced for loans due to fraudsters
There is an increase in credit fraud in Russia
When mass introduction of digital ruble possible 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 …
Central Bank rejects Turkish rate scenario for Russia
The Bank of Russia will not follow the Turkish scenario and raise the key rate sharply, the regulator’s governor Elvira …
Russia's economy overheating causes rate increase - Central Bank
Russia's Central Bank still assesses the state of the Russian economy as being substantially overheated, Central Bank Governor Elvira …
Azerbaijani Minister of Economy meets with Nabiullina and Manturov in Moscow
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.
Russia's Central Bank “freezes” key rate until year end
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 …
Putin signals key rate cuts
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 …
Russia's Central Bank to continue raising key rate
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 …
Bank of Russia may increase key rate again this year
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. …
Nabiullina calls a step back focus on China's experience
The Central Bank is skeptical about the idea of following China’s experience in strictly regulating financial markets
Nabiullina reminds of foreign currency deposit risks
Any deposit in a foreign currency bears the currency risk, Governor of the Bank of Russia Elvira Nabiullina said at the press conference …
Nabiullina comments on ruble's weakening
Central Bank chief Elvira Nabiullina said that the ruble's current weakening is explained in large part by foreign trade, but attempts …
Nabiullina: Russian economy close to 2021 activity level
The Russian economy is close to recovering to the economic activity level in 2021, Governor of the Central Bank Elvira Nabiullina said. …
Nabiullina comments on Russian economy situation
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 to move away from dollar in trade with Russia
Iran plans to move away from the dollar in transactions with Russia, Iran’s First Vice President Mohammad Mokhber said. When …
