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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 ...
The chances of a banking crisis in Russia have increased amid high interest rates, a Kremlin-linked think tank has warned.
Emerging market assets rose this week, buoyed by a weaker dollar and uncertainties surrounding U.S. trade policy. The Russian ...
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 ...
Russia's central bank kept borrowing costs at a two-decade high of 21 percent on Friday to combat rampant inflation, despite banks and businesses warning the economy was headed for a slowdown.
Russia’s economy faced a sharp slowdown in February, stoking fear in the country just as a brewing global trade war is expected to hit prices for its oil and gas exports. The Kremlin’s ...
The figures appear to reflect a broader economic slowdown as sanctions, inflation, and the loss of Western companies continue to wreak havoc on key sectors. According to Russian analytical agency ...
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 ...
Economists have warned for months of a slowdown in Russia’s economic activity, with falling oil prices, high interest rates and a downturn in manufacturing all contributing to headwinds.