The Bank of Russia has more serious concerns than having to manage the fallout from U.S. sanctions on Gazprombank, which sent ...

Nabiullina told the State Duma that inflation should slow, though she did not specify when that would happen.

Russia's banks will be less profitable in 2025 than this year as high interest rates hold back lending growth and more ...

Delays in the payment of pensions or in the military cannot be ruled out. Russian society fears a return to the chaos of the ...

Conventional economic theory suggests that bankruptcy allows inefficient businesses to fade away, creating market niches for ...

The Russian economy is in the throes of a deepening crisis as its currency, the ruble, continues to plummet to record lows, ...

MOSCOW. Nov 19 (Interfax) - Central Bank of Russia Governor Elvira Nabiullina does not rule out the regulator gradually cutting the key rate beginning in 2025 as inflation decelerates and absent any ...

At a plenary session of the State Duma on Tuesday, Russian Central Bank head Elvira Nabiullina denounced calls for freezing Russians’ savings and withholding interest payments on these accounts as ...

Moscow is battling to avoid the "disease" of "chronic" inflation throughout the Russian economy, the head of the central bank said Tuesday in a stark warning over the dangers of rising prices.

MOSCOW. Nov 19 (Interfax) - Soft monetary policy usually causes the economy to experience stagflation, and there is no risk of stagflation occurring in Russia amid a substantiated monetary policy, ...

The Russian central bank may start cutting its benchmark interest rate, currently at 21%, next year, provided that there are no new shocks for the economy, governor Elvira Nabiullina said on Tuesday.