Central Bank of Russia

Russia plans to deal with Euroclear in Belgian court

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The Central Bank of Russia said it is developing a defense strategy against Euroclear's new lawsuit in Belgium.

Russia allows bank to shoot down UAV, warning of strong attack on Kiev

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Russia has passed a law allowing central banks and other financial institutions to defend themselves against drone attacks.

Russia accelerates the roadmap to replace Visa and Mastercard

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The Central Bank of Russia believes that Visa and Mastercard should be completely withdrawn from the market when these cards no longer hold the role they were before.

Russian court issues ruling to demand 251 billion USD blockaged by the West

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Euroclear refuses to lift the asset freeze of the Central Bank of Russia according to the ruling of the Moscow Arbitration Tribunal.

Russia at risk of financial and banking crisis

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Russia's financial system is said to be under greater pressure as the Ukraine conflict is approaching its 4th anniversary.

Russia launches legal action, demands Euroclear compensate 229 billion USD

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The Russian central bank has filed a lawsuit against Euroclear, demanding more than $229 billion in damages, in response to the EU's permanent freeze of Russian assets frozen in Europe.

Central Bank warns of bad news about the Russian economy

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After 3 consecutive quarters of slowing growth, the Russian Central Bank warned that the Russian economy could fall into recession by the end of this year.

Russia's economy is not recessionary, still attracting tens of billions of USD in foreign capital

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The Governor of the Russian Central Bank, Elvira Nabiullina, affirmed that the Russian economy has not fallen into recession as many rumors have predicted.

Russian economy faces risks, the largest bank urgently proposes

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The decisions in the coming months by the Russian Central Bank and the Kremlin will be of life-saving value to the country's economy.

Civil infrastructure construction industry in Russia is in crisis

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A series of civil infrastructure construction companies in Russia are facing the risk of bankruptcy.

President Putin's advisor warns about the Russian economy

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President Putin's adviser warned that the Russian economy is showing signs of a short circuit and needs to cut interest rates urgently.

Europeans turn their backs on foreign currencies as rubles continue to rise

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The demand for foreign currency by businesses and people in Russia has fallen to its lowest level in nearly a year, while the ruble has appreciated for 7 consecutive months.

Russia surprisingly surpasses the US and EU in economic growth rate

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The Russian economy has surpassed the US and EU in terms of growth rate even in the context of sanctions.

Russian Central Bank surprises

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The Central Bank of Russia unexpectedly kept its key interest rate at 21%.