Currency Dynamics: Yuan Gains Ground in Cross-Border Settlements
Last year the volume of transactions denominated in Chinese yuan saw a notable rise, driven in part by sanctions trajectories shaping global…
for Corporate Digital Transformation and Human-Centric Growth
Close to 3.2 million clients have chosen Sber as a partner for advancing their business ambitions. Alexander Vedyakhin, the First Deputy…
Russian Currency Trends Q3 2023: What It Means for North American Markets
Against the backdrop of a slipping ruble in July through September this year, Russian retail investors shifted a notable portion of their…
on youth startup accelerators and Demodna funding
More than 80 million rubles in funding flowed to startups formed by nine teams of schoolchildren and university students from various Russian…
for Phase 2
The debate over using Russia’s frozen assets to fund Ukraine’s reconstruction has raised questions about the impact on the euro’s…
Armenia’s whiskey import rise in Russia and regional supplier shifts
In recent years, Armenia emerged as a notable player in Russia’s whiskey imports, climbing to a prominent position among the top…
Coffee and Cocoa Pricing Impacts From EU Deforestation Measures
European Union nations may be compelled to sell surplus coffee beans and cocoa beans as part of a broader effort to curb deforestation, a move…
Japan-Russia tensions over Kuril Islands and energy ties
China and Japan have seen their trading and diplomatic ties tested as Moscow paused the 1998 agreement with Tokyo on harvesting marine life.…
Russia’s Rate Path: Key Indicators and December Meeting
The central bank of the Russian Federation continues to grapple with persistent inflation pressures and a cooling of credit activity, with…
Central Bank of Russia Raises Monthly Transfer Cap to $150,000
The Central Bank of Russia has increased the quarterly cap on outward transfers by Russians from $50,000 to $150,000. From June 8, individuals…