You Searched For "russia central bank" and got 20 results
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1 min read
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
2 mins read
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
1 min read
Russia's ruble hits the lowest level in a year against the dollar and the yuan
As a key Treasury license is set to expire this month, it could become a lot harder for Russia to t…
Jennifer Sor
2 mins read
Russia's 'overheating' economy will face a sharp slowdown next year as labor and sanctions crush momentum, central bank says
Russia's central bank projects that the economy's expansion will slow sharply to 0.5% to 1.5% in 20…
Filip De Mott
2 mins read
Russia is turning to crypto as sanctions snarl payments, report says
Russia could start cryptocurrency exchange trails as soon as next month, in order to solve payment …
Filip De Mott
1 min read
Russia has lost another banking partner as more lenders turn their back on Moscow over fear of sanctions
Oversea–Chinese Banking Corp reportedly told customers it would no longer process Russian transacti…
Jennifer Sor
1 min read
China's yuan is tumbling amid US sanctions and as central banks boost dollar holdings
China's yuan fell to its lowest value against the ruble in a year as holders eye the impact of sanc…
Jennifer Sor
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
3 reasons why surging gold prices will climb another 8% by the end of 2025, Goldman says
Goldman Sachs says the price of gold will reach a record of $3,000 an ounce by the end of next year.
Filip De Mott
3 mins read
Cash is no longer king. Here are 3 alternatives investors are trading it for, according to chief money managers.
Three alternatives resembling cash are emerging as investors face diminishing returns from interest…
Laila Maidan
3 mins read
Russia's defense sector is running on overdrive — but firms are warning of bankruptcy
Russia has almost tripled defense spending for the Ukraine war, but rising inflation and interest r…
Thibault Spirlet
4 mins read
How gold became one of the world's hottest investments
Central banks purchased a record 483 tons of gold in the first half of the year, according to the W…
Matthew Fox
2 mins read
The odds of Russia's economy collapsing are 'extremely small' and the war can go on for the long term, economist says
Russia can fight the war in Ukraine indefinitely as its economy has adapted and is now stable, an e…
Jennifer Sor
3 mins read
Stock market today: US stocks close at all-time highs ahead of key inflation update
The Dow and the S&P 500 closed at a record high. Markets are waiting for September inflation data, …
Jennifer Sor
3 mins read
Russia faces a crisis regardless if Putin ends or continues the war in Ukraine, economist says
Continuing the war means the economy faces stagnation, while ending it would shut off the massive d…
Jennifer Sor
1 min read
Russia is doubling down on its de-dollarization efforts as Putin calls to reduce use of 'toxic' currencies
Russia's use of "toxic" currencies has been slashed in half over the past year, Putin said.
Jennifer Sor
2 mins read
China's yuan will take over as Russia's main trade currency 'once and for all' as US sanctions get tighter, think tank says
Ruble volatility will get worse in Russia amid fresh US sanctions, but this offers a way for the Ch…
Filip De Mott
2 mins read
Russia's economy is signaling a fate worse than recession
Russia's central bank said inflation is rising as the nation's economy slows. Those are key ingredi…
Filip De Mott
1 min read
Russia shuts down dollar and euro trading after sweeping US sanctions take aim at Moscow's financial lifelines
Russians were lining up at one lender that was still offering dollars after trade was restricted fo…
Filip De Mott
2 mins read
Stock market today: Indexes close mixed as tech stumbles and traders brace for Fed meeting
Apple shares dropped Monday after an analyst warned of weaker iPhone 16 demand. The Fed begins its …