Russia falls into recession Published 16 Nov, 2022 10:38pm MOSCOW: Russia's economy has entered a recession as gross domestic output fell by four percent in the third quarter,...
Russian central bank slashes key rate to 8pc, to study need for more cuts Published 25 Jul, 2022 06:12am MOSCOW: Russia’s central bank cut its key interest rate by a bigger-than-expected 1.5 percentage points to 8.0% on...
Russian rouble, stocks push higher Published 17 Jun, 2022 06:37am MOSCOW: The Russian rouble and stocks gained on Thursday, as the head of the central bank said the currency would...
Rouble slumps over 10pc to near 2-week low as Russia slashes rates again Published 27 May, 2022 05:50am MOSCOW: The Russian rouble slumped around 10% against the dollar in volatile trade to a two-week low on Thursday as...
Rouble hits 2-year high vs euro in Moscow Published 30 Apr, 2022 05:53am MOSCOW: The Russian rouble rose against the euro to the highest in more than two years on Friday and headed towards...
Russian rouble firms vs dollar, OFZ bonds near 2-month highs Published 20 Apr, 2022 05:12am MOSCOW: The Russian rouble firmed against the dollar on Tuesday, while prices for OFZ government bonds rose to their...
Rouble firms past 79 vs dollar, stocks down Published 19 Apr, 2022 05:32am MOSCOW: The rouble briefly firmed past the 79 mark against the dollar on Monday, while stock indexes fell as the...
Moscow exchange starts gradual reopening Published 22 Mar, 2022 05:21am MOSCOW: Trading in federal government bonds restarted Monday on the Moscow Stock Exchange as part of a phased...
Battered rouble hits record low outside Russia Published 01 Mar, 2022 05:34am MOSCOW: The Russian rouble tumbled to a record low in extremely volatile trade on Monday, losing a third of its ...
Russia's 2021 inflation seen at slightly above 8%, central bank says Published 27 Dec, 2021 11:14pm MOSCOW: Consumer inflation in Russia will slightly exceed 8% in 2021, Central Bank Governor Elvira Nabiullina said ...
Russia lifts interest rates amid rising inflation, geopolitical risks Published 19 Mar, 2021 09:20pm Russia hikes rates in first move since July 2020. Central bank says more rate hikes possible soon. Higher rates designed to help tame inflation. Move expected to bolster rouble.
Russia, holding key rate at 4.25pc, takes more cuts off the table Published 13 Feb, 2021 04:11am MOSCOW: Russia's central bank held its key interest rate at a record low of 4.25% on Friday and said it will not cut...
Russia keeps key rate at record low of 4.25pc Published 18 Dec, 2020 06:45pm The central bank started cutting rates early this year when the economy took a hit from a plunge in prices for oil, Russia's main export.
Russian rouble dives, central bank keeps rates unchanged Published 18 Dec, 2020 06:28pm The rouble was 1.2pc weaker against the dollar at 73.67, slipping away from a more than four-month high of 72.6475 hit on Thursday.
Russian rouble weakens ahead of central bank rate decision Published 18 Dec, 2020 03:48pm At 0743 GMT, the rouble was 0.7pc weaker against the dollar at 73.32, slipping away from a more than four-month high of 72.6475 hit on Thursday.