Russia’s international reserves are highly liquid foreign assets available with the Bank of Russia and the Russian government.

In January-May 2023 gold production added 11.1% in annual terms.

Under the forecast of the Bank of Russia, inflation in Russia will stand at 4.5-6.5% in 2023 based on the pursued monetary policy and will return to 4% in 2024.

Russia sees the great potential in using Qatar’s capabilities as the country providing for transshipment of products along the North-South international transport corridor, Novak noted.

Since the beginning of June, consumer prices in the country have increased by 0.22%.

The East has replaced the West" at SPIEF this year, CEO of US-based Navigator Principal Investors Kyle Shostak said.

The company’s output plan for 2023 is 11.3 mln tons.

According to Alexey Overchuk, the EAEU is developing a number of FTA agreements with several more states, with which negotiations are also underway.

Event organizer Roscongress Foundation earlier warned of a potential disruption to mobile Internet traffic due to maintenance work on June 16.

Russia’s business and economy developed under the scenario of accelerated adjustment, Elvira Nabiullina stated.