on06.07.2023 Central Bank allows key rate hike Russia’s Central Bank Governor, Elvira Nabiullina, has allowed a key rate hike amid rising pro-inflationary risks. She announced this at a… Discover More
on06.07.2023 Economist reveals key to saving Russian economy in weakening ruble Clear planning and development of the Russian economy is the key to salvation in the case of a weakening ruble. In an interview with the… Discover More
on06.07.2023 Central Bank commented on swapping blocked assets with unfriendly countries First Deputy Governor of the Central Bank of Russia Vladimir Chistyukhin said that the regulator did not see the desire of counterparties from… Discover More
on06.07.2023 Bulgaria plans to sell equipment from an unfinished nuclear power plant to Ukraine Bulgaria plans to sell the equipment of its incomplete Belene nuclear power plant to the Ukrainian company Energoatom for approximately $650… Discover More
on06.07.2023 Sberbank recorded a decrease in the number of bankruptcies in Russia Alexander Vedyakhin, First Deputy Chairman of the Board of Directors of Sberbank, told reporters at the Financial Congress of the Central Bank… Discover More
on06.07.2023 “150 Euros? I don’t believe it, but buy gold.” Vice-President of the Gold Mint Vyazovsky advised to buy gold We fell 15% in the euro currency during the month and will likely continue to fall. Today, Central Bank Governor Elvira Nabiullina reminded at… Discover More
on06.07.2023 Sberbank announced the need to develop the capital market In order to provide long money to the economy, it is necessary to develop the capital market. This was expressed by Alexander Vedyakhin, First… Discover More
on06.07.2023 “We’ve seen a few times, there have been rebounds.” What do the Russian authorities say about the ruble exchange rate Central Bank Governor Nabiullina explained the weakening of the ruble with foreign trade dynamics The depreciation of the ruble is due to foreign trade dynamics and low current account performance in the first quarter of 2023. Elvira… Discover More
on06.07.2023 US expects recession to start this year The US Federal Reserve System (FRS) has announced that the country will enter recession this year. In this respect reported in documents… Discover More
on06.07.2023 It became clear when it will be possible to pay with digital rubles Olga Skorobogatova, First Vice-President of the Central Bank of Russia (CB), said that Russians can start making payments in digital rubles by… Discover More