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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 …
Inflation in Russia will return to target levels in 2024. In 2023, inflation will range from 4.5 to 6.5%
Russia’s Central Bank has kept the key rate at 7.5% per annum for the fifth consecutive time, noting that it would consider the necessity of key rate hike to stabilize inflation at the targeted level of 4% at its forthcoming meetings. …
Sanctions imposed by Western countries against Russia last year were beyond the worst-case scenario, the Central Bank’s Governor Elvira Nabiullina said addressing the Russian State Duma. "Of course, it was …
Russian Central Bank Governor Elvira Nabiullina said that Russia is building its international reserves with assets that cannot be targeted by Western sanctions. Nabiullina said that Russia has a "safety cushion" in …
Russia is getting ready to launch a digital ruble - the Bank of Russia plans to test it on a small number of real customers, after which it will be offered to a wide range of users, Russia's Central Bank Governor …
For the upcoming weekend, Saturday and Sunday, as well as for the first day of the post-Easter working week, the Central Bank of Russia raised the official rate of the euro and the yuan
Russia's Central Bank extended restrictions on currency transfers abroad six additional months, through September 30, 2023, the regulator said. Therefore, Russian citizens and individuals who are residents from friendly countries …
Russia’s Central Bank has kept its key rate at 7.5% per annum for the fourth time running, noting the rate increase possibility should pro-inflation risks intensify, according to a statement released by the regulator. "The …
The recent inclusion of a number of Russian banks into sanction lists is not perceived as a shock anymore, Governor of the Russian Central Bank Elvira Nabiullina said. "The recent inclusion of new banks into sanction lists is not …
There is currently no opportunity for the systemic liberalization of foreign exchange controls in Russia, with restrictions on cash withdrawals and foreign exchange transfers set to be extended, Russian Central Governor Elvira Nabiullina …
Russia’s international reserves gained $3.1 bln or by 0.5% over the week and amounted to $597.7 bln as of January 27, 2023, the Central Bank said on Thursday. "The amount of international reserves as of January 27 totaled …
The direct connection has been established between the banks of Iran and Russia, governor of the Iranian Central Bank Mohammadreza Farzin said. Farzin said that within the framework of the joint action plan of banking cooperation …
Russia’s international reserves had an uptick by $10 bln or 1.7% and amounted to $592 bln as of January 13, the Central Bank said on Thursday. "International reserves stood at $592 bln as of January 13, having increased over …
The Bank of Russia starts setting official rates of the ruble against nine more foreign currencies from January 18, the regulator said on Wednesday. "The UEA dirham, the Thai bath, the Vietnamese dong, the Serbian dinar, the New …
Russia’s international reserves increased by 2.59% or by $14.7 bln over the last month and totaled $581.989 bln as of January 1, 2023, the Central Bank said on Friday. Reserves totaled $ 630.627 bln as of the like date of the last …
Russian international reserves for the week rose by 0.8%, or $4.5 bn, the Central Bank of Russia reports. ”By the end of January 6, 2023, international reserves amounted to $582 bn, having increased over the week by $4.5 bn, or …
This year, the key rate may be reduced to 6.5%, the chairman of the State Duma committee on the financial market, Anatoly Aksakov said. “I admit that the Central Bank, analyzing the situation, may gradually reduce the key rate. …
The Bank of Russia withdrew from the capital of Otkritie Bank, 100% of the shares were transferred to VTB, the Bank of Russia announced in a press release on Tuesday. "VTB Bank has fulfilled its obligations to the Bank of Russia by …
The recent weakening of the Russian ruble could be attributed to the fall of global oil prices, Deputy Chairman of the Russian Central Bank Aleksey Zabotkin said on Monday. “There is a deterioration in external conditions, a …
