Russia's central bank kept its key rate at 21 percent on Friday, locking in two-decade-high borrowing costs as it battles ...
Russia's weekly inflation, an important gauge closely watched by the central bank, slowed to the lowest level since the start ...
"If disinflation dynamics do not ensure achieving the inflation target, the Bank of Russia will consider raising the key rate," it added ...
In a desperate bid to bring inflation down, the Central Bank was forced to hike interest rates to 21% late last year, a ...
Russian consumer prices accelerated by 9.52% last year compared to 7.42% in 2023, making the 2024 inflation rate the fourth highest in the last 15 years.
The Russian ruble has lost over half of its value in a decade and inflation is rampant - with electricity up 250 per cent and ...
Mounting pressure on civilian firms as Putin relies even more heavily on military and defence amid Ukraine war ...
The Russian central bank will keep its benchmark interest rate on hold at a board meeting on March 21, all 29 analysts who ...
Ukraine's strikes on Russian energy sites will have to stop temporarily, following Russia's agreement to begin the limited ...