Russia’s Central Bank on Friday cut its key interest rate to 20% from a two-decade high of 21%, citing easing inflationary ...

The Russian central bank cut its key interest rate by one percentage point to 20%, its first easing since September 2022, in ...

Emerging market assets rose this week, buoyed by a weaker dollar and uncertainties surrounding U.S. trade policy. The Russian ...

The chances of a banking crisis in Russia have increased amid high interest rates, a Kremlin-linked think tank has warned.

MOSCOW. June 6 (Interfax) - The Central Bank of Russia will pursue tight monetary policy for a long period to return inflation to the 4% target in 2026, the regulator said in a press release following ...

Russia's economy stands on the brink of recession, according to the latest financial data. Businesses across the country have ...

Russia seems reluctant to pursue peace at the moment as the country is widely believed to be planning a new summer offensive in Ukraine to consolidate territorial gains in the southern and eastern ...

"We are seeing more and more branches of the real sector show a decline in output. Consumer demand growth is slowing. Additional household income continues to go into savings, not the consumer market.

Further drops in prices for Russia's export goods, particularly oil, could become a "key risk" for Russia, the bank said.

In the meantime, a marked slowdown in the Russian economy has surprised some economists. "The sharp slowdown in Russian gross domestic product growth from 4.5% year-on-year in the fourth quarter ...