Central Bank of Russia
Russia sets a peak in gold and foreign exchange reserves amid $300 billion still frozen
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Russia's gold and foreign exchange reserves hit a historic peak of 695.5 billion USD at the end of July.
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%.
Ruble plunges, Russian Central Bank stops buying USD
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The Central Bank of Russia stopped buying dollars to reduce the volatility of the ruble.
Russia seizes the opportunity to use cryptocurrency in international trade
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Several importers and banks in Russia have been selected to experiment cross-border payments in cryptocurrency.
