You Searched For "elvira nabiullina" and got 20 results
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1 min read
Russian ruble falls after central bank chief says most currency controls should be scrapped
"We have had a layering of currency restrictions. My opinion is that they should be taken down, mos…
Brian Evans
1 min read
Russian ruble falls after central bank chief says most currency controls should be scrapped
"We have had a layering of currency restrictions. My opinion is that they should be taken down, mos…
Brian Evans
1 min read
Russian central bank chief denies Moscow is at risk of default and touts digital ruble for international payments
"Russia has all necessary financial resources. There is no threat of default," Bank of Russia Gover…
Brian Evans
1 min read
Russia says it will no longer disclose the names of organizations that use its alternative to the SWIFT payment system
Some Russian banks have been banned from the SWIFT banking system due to sanctions over the Ukraine…
Huileng Tan
2 mins read
Putin says the West's 'economic blitzkrieg' has failed but Russia's central banker warns the country's reserves can't last forever
Russia can't use nearly half its $640 billion foreign exchange reserves as they have been frozen by…
Huileng Tan
1 min read
Under strain from war, Russia plans a massive layoff in its public sector: report
Russia is expected to lay off at least 40,000 government officials by July, according to a report b…
Hannah Abraham
2 mins read
A top Russian banker says Russia's payment methods should be a 'state secret' because the West keeps shutting them down so fast
Top Russian central banker Elvira Nabiullina admitted intense pressure surrounding payments, but sa…
Huileng Tan
2 mins read
Some Russians are spending like no tomorrow with 'considerable' overheating in the economy
Russia's central bank hiked interest rates from 16% to 18% to cool its overheated wartime economy.
Huileng Tan
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 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
2 mins read
Russia's war economy is so hot that at least 12 of its oligarchs received $11 billion in dividends over 15 months
The biggest winners from the dividend payouts were commodities exporters, Bloomberg reported.
Huileng Tan
2 mins read
A key Russian CEO just highlighted the clash between stabilizing the economy and growing business in wartime
The country's top central banker, Elvira Nabiullina, has hiked interest rates up to 16% to tame inf…
Huileng Tan
1 min read
It's not just convicts. Russia is forcing its African migrants and students to fight for them in Ukraine.
Russian officials have threatened not to renew the visas of African migrants and students if they d…
Kwan Wei Kevin Tan
2 mins read
Russia's defense ministry is now helmed by an economist, showing Putin's 'nerds' are performing better than his 'jocks': analyst
Russia's economic resilience is outshining its performance on the battlefields, per Eurasia Group's…
Huileng Tan
2 mins read
Putin could struggle to end the war in Ukraine because it's making some poor Russians richer
Russia's production in war-related industries rose 60% from the fall of 2022 to the spring of 2024.…
Huileng Tan
7 mins read
Meet the woman who engineered Russia's wartime economy and helped secure another term for Putin
Once feted among her international peers, Russian central bank governor Elvira Nabiullina is now se…
Huileng Tan
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
1 min read
Russia has finally admitted Western sanctions are hitting its oil exports
Secondary sanctions are spooking global banks, as some of them turn away from doing business with R…
Huileng Tan
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
5 mins read
Countries from Russia to China are building payments systems that could threaten the dollar's global dominance
Cryptocurrencies, SWIFT alternatives, and even the barter system could reshape global payments amid…