Russia has faced economic turbulence caused by sanctions imposed after Putin's full-scale invasion of Ukraine that are aimed ...

Russia's economy, retooled for war, is now showing signs of significant slowdown and heading towards a recession, despite ...

The economic outlook for the warring nations Russia and Ukraine is continuing to deteriorate, according to a new forecast ...

The Russian central bank will cut its benchmark interest rate by one percentage point to 19% at its board meeting on July 25 ...

MOSCOW (Reuters) -The Russian central bank will cut its benchmark interest rate by one percentage point to 19% at its board ...

Banks are reluctant to lower consumer loan rates — only six of the top 15 players did so in June, Izvestia found. On average, interest rates on loans fell by less than 1 percentage point, to 34%. This ...

Jerome H. Powell, the chair of the Federal Reserve, defended on Tuesday the central bank’s wait-and-see approach to cutting ...

Russia has launched a new type of investment account that contains withdrawal guarantees, according to a decree signed by ...

President Vladimir Putin signed a decree in an attempt to attract new foreign investment into Russia’s financial markets, ...