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Russia's central bank just slashed rates

According to the Bank of Russia's forecast, rate of growth in consumer prices is slowing earlier th…

Tomas Hirst   


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The Russian central bank is gearing up to ban investment in cryptocurrencies, report says

The Bank of Russia is preparing an advisory report to voice its stance on crypto investment, the ce…

Carla Mozée   


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Russia's Central Bank Is Encouraging Banks To Take Losses On Foreign Currency Mortgages

In recent weeks the central bank has moved to make it easier for financial firms to swap loans on t…

Tomas Hirst,Tomas Hirst   


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Russia's central bank and lenders tell each other to resolve the country's yuan supply squeeze

Russian banks are urging Russia's central bank to increase yuan liquidity through swaps. The centra…

Huileng Tan   


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Russia's central bank is scrambling to prop up the country's economy. Here's everything it's done to stave off sanctions and what it could do next.

Russia's central bank is struggling to keep the economy going, but it might not have much more room…

Phil Rosen   


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Russia's central bank surprise with a rate cut

"For our part, we think the output gap that has opened up in the Russian economy should drag core a…

Elena Holodny   


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Russia's central bank has closed the country's stock market and instructed brokers to block foreign sales as losses mount

In an attempt to prevent a total collapse of the Russian ruble, the central bank also more than dou…

Matthew Fox   


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Russia could make the dollar less attractive with negative interest rates on deposits to help elevate China's yuan and other currencies

Sanctions have increased the appeal of alternatives to the dollar and euro, Russia's central bank s…

Phil Rosen   


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Russia's central bank cracks down harder on money going overseas as sanctions trigger rush for the exit

Russia's central bank has put restrictions on foreigners trying to move money out of the country an…

Phil Rosen   


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Oil prices remain above $100/barrel as Russia-Ukraine crisis deepens

The threat of sanctions on Russian hydrocarbon exports and uncertainty surrounding supplies will ex…

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Russia's Central Bank Is Meeting On Thursday - And It Only Has Terrible Options

"With inflation in Russia veering towards 10%, the central bank - which is now an explicit inflatio…

Myles Udland   


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Russia central bank admits it's struggling to find foreign-currency options as sanctions spur 'structural transformation'

Western sanctions have frozen roughly half of Russia's $642 billion in foreign-currency reserves, l…

Phil Rosen   


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Moscow keeps its stock exchange closed, as Russia's central bank halts the sale of foreign currencies

Global investors have rushed to dump Russian assets as the war in Ukraine rages and Western sanctio…

Hamza Fareed Malik   


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Russia will increase foreign currency sales 830% as deadline for Eurobond repayment nears

Russia's central bank announced that the move to offload foreign currencies could also help calm ru…

Filip De Mott   


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Russia's central bank hikes interest rate to 21% to fight stubborn inflation

Inflation in Russia hit 8.6% year-on-year in September, well above the central bank's 4% target.

Nathan Rennolds   


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Russia's central bank says oil production goals proposed by the nation's finance ministry are too optimistic

"The base price of oil and oil production seem to be too high to us," said Russia's central bank.

Jennifer Sor   


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Russia's central bank slashes interest rates to below pre-invasion levels as oil and gas exports ease severity of its recession

The bank predicted that the Russian economy will contract between 4% and 6% this year, down from it…

Phil Rosen   


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Russia owns $140 billion in Chinese bonds, which could help it skirt Western sanctions, analysts say

Russia's central bank and sovereign fund own about $140 billion in Chinese bonds, according to esti…

Grace Dean   


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Customers of banks targeted by Russia sanctions are unable to use Apple Pay or Google Pay

Customers also won't be able to use their cards abroad or make online payments to companies in coun…

Grace Dean   


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Russia adopts Chinese yuan-to-ruble as benchmark exchange rate after US sanctions force a further move away from the dollar

Russia's central bank said on Thursday that the currencies from "friendly countries" and the ruble …

Huileng Tan