Russia's inflation rate has fallen below 6%, Economy Development Minister Maxim Reshetnikov stated in an interview with RT.
The Russian central bank cut its key rate by 50 basis points to 16% on Friday, in line with analysts' expectations, as inflation slows down and the economy, focused on military action in Ukraine, ...
Many Russians are tightening their New Year spending this year at a time of economic uncertainty after nearly four years of ...
MOSCOW (Reuters) -Russia has made substantial progress in fighting inflation, Alexei Zabotkin, deputy governor of the central bank, said on Tuesday, ahead of a rate-setting meeting scheduled for ...
Russia's economy will be under major strain in 2025, economists told BI. One said stagnation was similar to the USSR at the ...
A further decrease in the growth rate of the global economy and oil prices in case of escalating trade disputes may have proinflationary effects through the ruble exchange rate dynamics, the Bank of ...
The Bank of Russia is set to make a second straight half percentage-point cut to its key interest rate, offering only limited relief to the slowing economy amid uncertainty over whether an upcoming ...
Russia’s central bank cut its benchmark interest rate Friday by one percentage point to 17%, a step that could support the economy as growth slows and spending on the war against Ukraine increases the ...