You Searched For "central bank of russia" and got 20 results
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1 min read
Russia is reportedly receiving shipments of dollars and euros despite sanctions and efforts de-dollarize
Russia has received $2.3 billion worth of dollar and euro bills despite sanctions since March 2022,…
Jennifer Sor
1 min read
North Korea's economy is booming thanks to its arms trade with Russia
North Korea's GDP grew 3.1% in real terms, snapping a three-year slump, the Bank of Korea reported.
Filip De Mott
2 mins read
Russia's business elites signal they are tired of propping up the wartime economy
Russia's key interest rate already stands at 16% and analysts polled by Reuters expect the central …
Huileng Tan
1 min read
Russian banks say they're run out of yuan as Chinese firms pull away from the nation
Payment scuffles between Russian companies and Chinese banks have escalated in recent weeks, with C…
Jennifer Sor
2 mins read
Russia is doubling pay to recruit more soldiers. But many regions can't afford it.
Vladimir Putin recently ordered the doubling of military-recruitment bonuses. It's put certain regi…
Filip De Mott
1 min read
Russian banks made a record $36.8 billion in profit last year, and even the central bank is surprised by it
The banks' upbeat performance came as "somewhat of a surprise," said a senior Russian central bank …
Huileng Tan
2 mins read
The Russian government and its central bank are publicly disagreeing on how to handle the economy
The Russian government said capital controls ordered by Putin in October are effective and should b…
Huileng Tan
2 mins read
Russia may have spent $1.3 billion on an aerial attack as inflation continues to soar in the country on the back of huge state defense spending
The Ukrainian air force said Russia fired 77 Kh-101 missiles in the attack — they cost an estimated…
Rebecca Rommen
3 mins read
Sanctions-hit Russia is rushing to set up payment systems, including crypto, to make trading easier
Russia is facing so many issues with its international trade payments that it's shifting its previo…
Huileng Tan
2 mins read
Russia's GDP growth slowed in Q2 while inflation continued to soar on the back of heavy state spending: report
It comes as the Kremlin battles rising inflation and warnings that the economy is overheating.
Rebecca Rommen
2 mins read
Russia is looking to rein in the country's property boom as it tries to cool an overheating economy
Russia's government has shelled out about half a trillion rubles since 2020 to fund a program that …
Jennifer Sor
2 mins read
Why loosening sanctions would put more pressure on Russia, according to a think tank
The West could spur inflation and buckle Russia's economy if sanctions were loosened on capital flo…
Filip De Mott
1 min read
Russia's central bank bids to prop up the plummeting ruble by hiking interest rates to 12% at an emergency meeting
The Bank of Russia is trying to support the currency, which plummeted to a 16-month low against the…
George Glover
2 mins read
Russia has started sending female convicts to fight in Ukraine: report
Russia's prison population has plummeted as it continues to rely on inmates to plug its manpower ga…
Kwan Wei Kevin Tan
2 mins read
Indian government bonds to be included JP Morgan Govt bond Index from June 28
Indian government bonds are set to be included in the JP Morgan Government Bond Index, Emerging Mar…
ANI
2 mins read
Russia's central bank sounds alarms on the economy as the falling ruble and record labor shortage add inflationary pressures
"Accelerating fiscal spending, deteriorating terms of foreign trade and the situation in the labor …
Jason Ma
1 min read
Russia's central bank has $8 billion frozen in Switzerland, which is still deciding what to do with the funds
The Swiss broke their historically neutral standing last February when they adopted EU sanctions ag…
Phil Rosen
1 min read
US stocks trade mixed as investors gear up for jam-packed week of central bank meetings and economic data
Central banks around the world are meeting this week, and they're all expected to keep interest rat…
Matthew Fox
2 mins read
Russian convicts who earned their freedom fighting Ukraine are going home with swagger and a stash of money to burn: NYT
Some prisoners-turned-soldiers are returning to Ukraine flush with cash, as they were paid more tha…
Kwan Wei Kevin Tan
2 mins read
The US and the West are facing the blowback of sanctions against Russia, economist says
The US may have opened a "Pandora's box of unintended consequences" by imposing sanctions on Russia…