Russia's central bank governor Elvira Nabiullina gave an impassioned defence of the country's banking sector to Communist ...

Russia's tight monetary policy has failed to curb price growth and has created risks of an economic slowdown, dragging the ...

"The Russian economy is effectively facing the threat of stagflation — simultaneous stagnation or even recession and high ...

Prices of potatoes — a Russian staple — have surged by 64% this year.

The hike in interest rates has sent shockwaves through Russian company boardrooms, as firms face up to crippling debt burdens ...

The current level of the key rate of the Central Bank of Russia, as well as the remaining restrictions on external markets, are increasingly affecting Russia's economic growth, and the government and ...

Russian airlines may close hundreds of domestic flights from 1 January 2025 due to the lack of government subsidies. Source: ...

Almost three years after Russia invaded Ukraine, the West’s financial sanctions have finally started to bite, triggering ...

Per the Russian state-run news agency TASS, Sberbank said that it “plans to conduct” its pilot within “the framework of ...

Russia’s federal censorship agency, Roskomnadzor, will conduct tests this December to disconnect the RuNet from the global ...

In a recent consumer lending report, Russia’s Central Bank proposed capping the provision of mortgage loans for periods ...

Russia implements crypto tax system treating digital assets as property, requiring miners to pay taxes on both mining and selling activities ...