News

Russia’s export duty on wheat to be $49.3 per metric ton from November 15
The export duty rate for wheat and meslin is calculated based on an indicative price of $253.1 per metric ton.
Currency sales by top exporters growing to $12.5 bln in October
Ruble strengthening was also promoted by key rate lifting to 15% per annum.
Russian government approves updated list of countries with trade delegations
The government continues systemic support of domestic companies interested in exporting goods and services to international markets.
Russia strengthening sovereignty in energy sector, expanding export geography — Lavrov
The Russian Foreign Minister drew attention to the fact that Moscow "managed to switch in a very short time the supply of oil, gas and coal to rapidly growing, promising markets".
Russia’s new regions have vast potential, says upper house speaker
According to Valentina Matvienko, in 5-10 years these will be self-sufficient, industrially and agriculturally developed entities.
Russia to continue voluntary oil export cuts by 300,000 barrels a day until yearend
According to the Russian Deputy Prime Minister, in December they will analyze the market to make a decision on deepening the reduction or increasing the production of petroleum products.
Bank of Russia remains committed to inflation targeting
"The goal of the monetary policy remains unchanged - to keep annual inflation close to 4%," the document reads.
Cosmetics production in Moscow rises by 17% in past eight months
Sobyanin noted that Svoboda cosmetics factory in the capital celebrates 180 years.
Russian Industry Ministry suggests setting fertilizer export quota
The relevant draft decree has been posted on the web portal of draft regulations.
Used car sales on the rise in Russia — statistics
The Russian car brand Lada traditionally tops the list.