News

Bank of Russia’s board today considered only option to keep current key rate — regulator
Elvira Nabiullina noted that during the meeting on the key rate, different opinions were voiced regarding inflation.
Business in Russia
Russia selling oil and gas mainly for ruble, yuan — Deputy Prime Minister
De-dollarization is a global trend because many countries are starting to switch to doing business in national currencies, Alexander Novak said.
Business in Russia
Anniversary EAEU summit to take place in Moscow on May 8
Russian President said that Russia always does such things with pleasure.
Business in Russia
Putin expands exceptions to ban on deals with assets of financial, energy companies
The decree's requirement does not apply to foreign-owned shares transferred to trust management.
Business in Russia
Russians' inflation expectations continue to decline in March
In January, reportedly, population inflation expectations were 12.7%.
Business in Russia
Russia’s export duty on wheat to be $34.27 per metric ton from March 20
The floating duty on Russian grain exports is effective from June 2, 2021.
Business in Russia
Russia's foreign trade surplus rises to $9.1 bln in February from $8.2 bln last year
The current account surplus in February 2024 increased to $5.2 bln compared to $4.5 bln in January 2024.
Business in Russia
Russia one top 10 countries for AI use
Deputy Prime Minister Dmitry Chernyshenko noted that the economic effect from the introduction of artificial intelligence technologies was currently estimated at more than 1 trillion rubles ($10.9 bln).
Business in Russia
Cargo turnover of Russian seaports down 1% YOY in 2M 2024
The cargo turnover of Russian seaports totaled 139.6 mln metric tons in January - February 2024.
Business in Russia
Investments in fixed capital up 8.6% in Q4 2023
Investments totaled 13.75 trillion rubles ($151.5 bln) over the reported period.
Business in Russia