Browsing: Bank of Russia

Increased conversion of hard-currency revenues by exporters is expected in the upcoming months, Maksim Oreshkin has said The recent depreciation…

The central bank needs to pay off Eurobonds maturing later this month The Bank of Russia announced on Wednesday that…

“Active policy support” is helping the economy to recover despite sanctions, Barclays analysts say Russia’s gross domestic product (GDP) may…

The UN has reportedly suggested reconnecting a sanctioned Russian bank to the interbank system, but there are doubts the proposal…

Over $2 billion in assets of international depositories has been frozen by Moscow in response to Western sanctions Russia’s central…

The Bank of Russia projects that consumer prices will rise by 5-6.5% in 2023. Russian Finance Minister Anton Siluanov said…

The 3.5% increase comes a day after the ruble tumbled to its weakest level since March 2022 The Bank of…

At the same time, the current account surplus of Russia decreased more than 6.5-fold in January-July 2023 to $25.2 bln…

“The Bank of Russia is not considering the possibility of raising the inflation target as it will be perceived both…

“The monetary policy is aimed at bringing back and stabilizing inflation at the targeted level of 4% in the long-term,”…