The Central Bank of Russia has raised its oil price forecast but does not expect a decrease in inflation
The Central Bank of the Russian Federation has revised its forecasts for oil prices, significantly raising its outlook for the…
Central Bank of Russia
EU to Transfer 1.4 Billion Euros to Ukraine from Frozen Russian Assets
The European Union has announced its intention to transfer 1.4 billion euros to Ukraine, derived as unexpected income from frozen…
Russia’s Gold Reserves Reach Four-Year Low Amid Sanctions
The gold and foreign currency reserves of the Russian Federation have fallen to their lowest level in the last four…
Central Bank of Russia Files Lawsuit Against EU Over Frozen Assets of €210 Billion
The Central Bank of the Russian Federation has initiated legal proceedings against the European Union due to the indefinite blocking…
Central Bank of Russia Predicts Record Economic Collapse Due to Sanctions and Cheap Oil
If sanctions pressure intensifies and oil prices drop to $35 per barrel, the economy of the Russian Federation could experience…
Central Bank of Russia Lowers Key Rate to 18% Amid Economic Slowdown
The Bank of Russia has decided to lower the key rate from 20% to 18% at its July board meeting.…
AvtoVAZ to Transition to a Four-Day Work Week Due to Crisis and Competition
The largest car manufacturer in the Russian Federation, AvtoVAZ, has announced plans to implement a four-day work week starting from…
The Central Bank of Russia Lowers Key Rate to 20% Due to Decreasing Inflation Pressure
The Central Bank of the Russian Federation announced on June 6 that it has lowered the key interest rate from…