News
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.
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.
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.
Share of alternative, national currencies in Russia-India trade approach 90%
In the first eight months of 2024, trade turnover between Moscow and New Delhi added 9%, Denis Manturov said.
Trade balance between Russia, India to improve through national currency settlements
As Indian Foreign Minister Subrahmanyam Jaishankar noted, the signing of a bilateral agreement between the customs authorities of the two countries in May 2024 on Authorized Economic Operators has had a big impact on smoothening the ease of doing trade.
Share of Russian coal on global market to rise to 25-30% by 2050 — strategy
According to the targeted scenario, Russia’s coal export may rise to 350 mln tons by 2050 from 212.5 mln tons in 2023.