The Russian ruble has staged a stunning rally in 2025, emerging as the world’s top-performing currency so far this year. In the midst of a special operation, declining oil prices and stiff sanctions, Russia’s ruble has been rising, CNBC reported.
The Central Bank of Russia has changed the key rate for the first time this year, reducing it to 20%.
The high key rate of the Bank of Russia is temporary and the current monetary policy will soften next to inflation downward trend, Russian Deputy Prime Minister Alexander Novak said at the Caucasus Investment Forum.
The current situation points to risks of overcooling in the Russian economy, while inflation is slowing down, Russia's Economic Development Minister Maxim Reshetnikov said during a meeting of the State Duma Committee on Budget and Taxes on …
India is increasing its imports of Russian oil amid a reduction in supplies to China
By the end of 2025, the dollar exchange rate may rise to 100 rubles per USD again. VTB is targeting "three-digit" figures.
The second month of the year was successful for Russian oil exports to Europe, with EU countries purchasing oil worth almost 600 million euros.
Mikhail Mishustin held a meeting with Kazakh Prime Minister Olzhas Bektenov, during which the parties discussed the prospects for cooperation between the two countries in the field of economy and trade.
The Russian ruble has become the world's most profitable currency due to the U.S. dollar weakening, Bloomberg reported, citing economists. …
Russia's international reserves have increased, setting a new historical high. As of April 4, they amounted to $658 billion, the Central Bank reports.
The share of cashless payments in Russia has now reached 86%, according to Governor of the Bank of Russia Elvira Nabiullina. "We are …
Russia is unlikely to experience any positive effects from the U.S. tariffs, as the turmoil in the global economy will require careful actions from Russia, Kremlin …
The new US tariffs have come as a shock to European countries, while for Russia, they have confirmed the correctness of its course, State Duma Deputy Slutsky said.
The Russian Central Bank does not rule out raising the key rate if the slowdown in inflation does not proceed at the expected pace, Deputy …
The Russian Central Bank does not rule out the possibility of raising the key rate if the pace and sustainability of the fall in …
The Bank of Russia has decided to keep the key rate at 21% per annum for the third meeting in a row. "On March 21, 2025, the Bank of Russia Board of Directors decided to keep the key rate at 21% per annum," the …
Krasnodar pharmaceutical companies increased the production of pharmaceutical and medical products by 40% in January 2025
Specialists from the Southern and North Caucasian Federal Districts will attend the event
Inflation in Russia totaled 9.52% in 2024 but annual growth rates of this indicator are declining for the sixth month in a row, Russian Prime Minister Mikhail Mishustin said at the meeting with President Vladimir Putin. The head of …
Dagestan has become the leader among Russian regions in cabbage cultivation
