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Russia's Central Bank sees potential for easing its monetary policy, chairperson Elvira Nabiullina said at a meeting with the State Duma. "What will our monetary policy be in the forthcoming period? Taking …
The Russian mortgage rates will fall following inflation and can reach 7–8% with a 4% inflation in several years, Chairwoman of the Russian Central Bank Elvira Nabiullina said in a speech at the Federation Council, …
Russia's financial environment is improving, and the ruble remains stable regardless of political news, becoming one of the strongest currencies in 2019, according to the article entitled 'After the sanctions and oil shocks: that's …
Russia’s central bank has still not anchored the country’s inflationary expectations despite inflation targets having been reached, Governor Elvira Nabiullina said. "The central bank reserves the right …
Head of Inteco Management Elena Baturina has topped the list of Russia’s richest women, according to Forbes Magazine. In 2019, her fortune is estimated at $1.2 bln. Owner of the online retailer …
Russian Prime Minister Dmitry Medvedev noted that foreign investors do not lose interest in the Russian Federation, despite the sanctions. According to him, the interest in Russia as a whole has not weakened. "On …
Russian economy has not actually reacted to a slowdown of global economic growth, but it resulted in a certain drop in Russian exports, Russian Minister of Economic Development Maxim Oreshkin said in an interview with the …
Russia will consider issuing sovereign Eurobonds in 2020 denominated in euros or in Chinese yuans, Finance Minister Anton Siluanov said, Reuters reports. Moscow is looking for alternative ways to raise money abroad after the United …
The Russian Central Bank is considering various scenarios of the key rate reduction for the period until the end of the year, Central Bank Chairwoman Elvira Nabiullina said on the sidelines of the Finopolis forum. …
The World Bank said it has lowered Russia’s economic growth forecasts for this year to 1% from 1.2%, revising down the country’s economic outlook for the fourth time so far this year. The World Bank’s revision of …
Russia and Turkey has signed an agreement with Turkey on using national currencies in payments and settlements, the Russian finance ministry said. The agreement was signed by Russian Finance Minister Anton Siluanov and …
The Russian government approved the draft federal budget for the next year and the 2021-2022 planning period, the press service of the Cabinet reports. It is clarified that the decision was made on the key issues, the document …
Russia has all necessary resources for development of its economy, Russian Prime Minister Dmitry Medvedev said during the Dialog program on the Russia 24 television channel. “We have all necessary resources for …
For the first time since the introduction of sanctions and the fall in oil prices in 2014, net government debt of Russia shows negative indicators, RBC reported citing analysis of the data of the Ministry of Finance and the Bank of Russia. …
The board of directors of Russia's Central Bank has cut its key rate today by 25 bp to 7.00% per annum. Commenting on the decision, the regulator's press service said that inflation slowdown is continuing, but inflation …
VTB chairman Andrey Kostin said at the Eastern Economic Forum in Vladivostok that his bank has learned to raise capital domestically which has helped in times of crises. "There’s quite wide …
The National Bank of Georgia has increased the refinancing rate by 0.5 percentage points to 7%. The depreciation of the exchange rate has boosted inflationary expectations, the NBG says, therefore the refinancing rate has been …
The Russian Central Bank can reduce its key rate further, the country's Economic Development Minister Maxim Oreshkin said. "We see that the central bank has already cut the rate twice. Based on all of …
The Russian economy will not be under serious pressure even if oil prices drop to $40 per barrel, Russia's Economic Development Minister Maksim Oreshkin said. "If the global economy faces serious problems, …
Russia and Turkey are drafting an intergovernmental agreement on expanding settlements in national currencies between the two countries, Russian President Vladimir Putin said. "We are drafting an …
