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 leader Vladimir Putin is attempting to present the Russian economy as "stable" and growing, but the reality tells a ...

Russian Central Bank Governor Elvira Nabiullina and her deputy Alexei Zabotkin addressed a news conference on Friday after ...

The Russian central bank is expected to hike its key interest rate by another 200 basis points (bps) to 23% at its last ...

Squeezed by Western sanctions and soaring interest rates, Russia’s businesses fear bankruptcies as President Vladimir Putin ...

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 ...