Moscow and Damascus discuss Russian wheat exports
Russia and Syria have held a videoconference to discuss the resumption of wheat exports from Russia to Syria, reflecting efforts to strengthen bilateral economic ties.
Russia and Syria have held a videoconference to discuss the resumption of wheat exports from Russia to Syria, reflecting efforts to strengthen bilateral economic ties.
Prime Minister Mikhail Mishustin has announced that the Russian government is projecting nearly 10% economic growth over the next three-year period.
Russia also increased its investment in Azerbaijan's economy
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.
The dollar and euro exchange rates on the Russian interbank market soared this morning, with the dollar surpassing 81 rubles and the euro rising above 95 rubles.
Inflation slowed to 0.42% in November, while in October, price growth amounted to 0.5%
Investment projects currently underway in the Republic of Ingushetia represent a total capital inflow exceeding 30 billion rubles, according to the regional leader.
In total, the US purchased $1.5 mln worth of the grain in the first 9 months of 2025
Russia will maintain its oil refining volumes at 2024 levels this year, Russian Energy Minister Sergey Tsivilyov said.
Annual inflation in Russia continues to slow down, and all persistent factors point to its further deceleration in 2026, according to a report prepared by the Bank of Russia’s Research and Forecasting Department.
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.
Trade turnover between China and Russia fell by 8.7% in January-November 2025 year-on-year to $203.67 bln, according to figures provided by the General Administration of Customs of China.
Russia's gold reserves exceeded $310,7 billion for the first time on December 1, 2025, according to a report released by the Russian Central Bank.
A meat processing facility in Russia's Kursk region has exported its first shipment of meat products to Georgia, weighing 9.6 tons. The plant's total meat exports amount to nearly 35 tons.
VTB Bank has forecast a significant rise in Russian gas supplies to China by 2030, with total pipeline exports projected to reach 56 billion cubic meters annually.
Russian Finance Minister Anton Siluanov has expressed the view that the ruble's current exchange rate may persist into the future, describing it as balanced.
Exports to other countries, including Türkiye, Switzerland, and Georgia, also increased
The Central Bank of Russia expects inflation to return to low figures in 2026, consistent with its 4% target, which will enable it to cut the key rate "to acceptable levels," CBR Deputy Governor Alexei Zabotkin said.
The Central Bank of Russia has reported substantial expansion in national foreign currency reserves, with total international reserves now reaching $734 billion.
Russia’s State Duma has adopted the draft federal budget for 2026 and the planning period of 2027-2028 in its third and final reading.