The Board of Directors of the Bank of Russia made the decision to lift the key rate to 9.5% per annum at the meeting.

The retail trade turnover in December 2021 gained 5.4% annually to 4.1 trillion rubles ($55 bln).

It is also anticipated to introduce an obligation for market participants "to inform citizens about higher risks related to digital currencies".

It is mentioned that over over the 11 months of last year the volume of trade between Russia and France grew by over 70%.

They will work in an integrated manner to promote domestic software products abroad, provide consulting, information and analytical, legal and organizational support to Russian IT companies in the countries of presence, Prime Minister Mikhail Mishustin noted.

It is planned to build a separate assembly plant in the Komsomolsk-on-Amur, Russian Minister of Industry Denis Manturov informed.

Russia’s banks recorded record profits in 2021, buoyed by economic recovery, a housing market boom and rapid growth in consumer borrowing, the Central Bank said Friday.

This is a temporary measure, First Deputy Prime Minister Andrey Belousov explained.

Everything will depend on the commercial side of the issue, Zamir Kabulov pointed out.

Currently, the jab is approved in 71 countries.