News

Russian Finance Ministry to continue currency regulation liberalization in 2020
Moreover, it is planned to liberalize currency regulation norms through establishing additional allowed cases of making foreign exchange transactions between residents on accounts opened in banks located outside the Russian Federation.
Business in Russia
Russia partly suspends air service with EU states
The ban doesn't apply to the regular flights between Moscow and EU capitals.
Business in Russia
Russian government restricts exports of face masks, other medical goods till June 1
About 1.5 mln medical face masks are made in Russia daily.
Business in Russia
Russian economy to reach planned cycle, despite coronavirus — minister
The Russian economy will cope with consequences of the coronavirus, Maxim Reshetnikov said.
Business in Russia
Russia's Alrosa to be largest producer of color diamonds globally after 2020
This will happen after closure of Rio Tinto’s Argyle mine.
Business in Russia
New economic realities makes constitutional amendments necessary, says Putin
Putin said that in the 1990s "the condition that our country is experiencing now didn’t exist".
Business in Russia
Spread of coronavirus will slightly affect Russia's GDP — Accounts Chamber
According to the head of the Accounts Chamber, Russia's income will decline due to lower oil consumption by China.
Business in Russia
Russian Central Bank lowers key rate to 6%
The regulator has decided to cut the key rate for the sixth consecutive time.
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Sudden devaluation of the ruble unlikely in February, say experts
Some analysts do not rule out that the ruble will become the leader in terms of strengthening among developing countries’ currencies.
Business in Russia
Sudden devaluation of the ruble unlikely in February, say experts
Some analysts do not rule out that the ruble will become the leader in terms of strengthening among developing countries’ currencies.
Business in Russia