News

Annual inflation in Russia gearing up to 8.78% over week — Economy Ministry
According to the statement, consumer inflation stood at 0.36% over the week from November 19 to 25.
Timely for Malaysia and Russia to strengthen trade relations: Matrade deputy CEO
KUALA LUMPUR: Malaysia and Russia are at a crucial juncture to renew their trade ties, with the goal of fostering stronger collaboration between the private sectors of both countries and bolstering government-to-government (G2G) cooperation, said Abu Bakar Yusof, deputy chief executive officer of the Malaysia External Trade Development Corporation (MATRADE).
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.
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.
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.
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.
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.
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.
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).
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.