News
Russia’s duty on sunflower oil exports to rise to $88.44 in December 2024
The duty on oil is calculated on the basis of the indicative price of $954.7 per ton.
Business in Russia
Russia to export up to 60 mln metric tons of grain this season, senior official forecasts
According to Dmitry Patrushev, Russian farmers faced challenging weather this year.
Business in Russia
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).
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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