Russian business leaders and defense companies have pressured the central bank to avoid tightening interest rates.
Contributing factors to inflation include increased military production, labor shortages, and a weakening ruble.
Russia’s central bank has left its benchmark interest rate at a record 21%, holding off on further increases despite high ...
Russia's largest movie studio donated about 50 tanks and armored vehicles from the 1950s that it had been using a props.
Russian Central Bank Governor Elvira Nabiullina and her deputy Alexei Zabotkin addressed a news conference on Friday after ...
Russia's central bank kept interest rates at 21 percent on Friday despite surging inflation, a surprise decision that follows ...
Russian leader Vladimir Putin is attempting to present the Russian economy as "stable" and growing, but the reality tells a ...
The Central Bank of Russia decided that discretion was the better part of valor Friday, suspending its campaign of interest ...
Several economists, including Liam Peach, a senior emerging market economist in Capital Economics, expect the Central Bank of ...
Russia's central bank kept interest rates at 21 percent on Friday despite surging inflation, in a surprise move as economists had expected an increase.