News
Russia’s export duty on wheat to be $29.22 per metric ton from November 27
The export duty rate for wheat and meslin (a mixture of wheat and rye) is calculated based on an indicative price of $223.5 per metric ton, for barley - at a price of $185.7 per metric ton, and for corn - $220.3 per metric ton.
Business in Russia
Russia’s international reserves down $9.2 bln over week — Central Bank
Russia’s international reserves are highly liquid foreign assets available with the Bank of Russia and the Russian Government.
Business in Russia
Economy Ministry, Bank of Russia to optimize investment programs of natural monopolies
Maxim Reshetnikov noted the "expansion" of credits in the sector of state-run companies and natural monopolies.
Business in Russia
Russian Central Bank to start reducing key rate in 2025 if there are no new shocks
In October, the Bank of Russia sharply raised the key rate by 2 percentage points to a record level of 21% per annum.
Business in Russia
Russia’s export duty on wheat to be $26.88 per metric ton from November 20
The duty on the export of barley and corn will stand at 1,233.2 rubles ($12.33) and 3,066.5 rubles ($30.64).
Business in Russia
Russia ready to scale up coal supplies to China — Novak
Despite the entire climatic agenda, coal will still remain for a long time as an energy resource to support needs of growing economies, the official noted.
Business in Russia
Russian GDP growth estimated at 3.1% in Q3 2024
Rosstat confirmed earlier national GDP growth by 4.1% year on year in the second quarter of 2024.
Business in Russia
Russia's AI industry ready to thrive with proper support, expert says
Artificial intelligence is a kind of mass media that communicates messages to users, giving answers to hundreds of thousands of queries daily, Ruslan Yunusov noted.
Business in Russia
Share of alternative, national currencies in Russia-India trade approach 90%
In the first eight months of 2024, trade turnover between Moscow and New Delhi added 9%, Denis Manturov said.
Business in Russia
Trade balance between Russia, India to improve through national currency settlements
As Indian Foreign Minister Subrahmanyam Jaishankar noted, the signing of a bilateral agreement between the customs authorities of the two countries in May 2024 on Authorized Economic Operators has had a big impact on smoothening the ease of doing trade.
Business in Russia