Russia falls into recession MOSCOW: Russia's economy has entered a recession as gross domestic output fell by four percent in the third quarter,... Published 16 Nov, 2022 10:38pm
Business & Finance Russian central bank slashes key rate to 8pc, to study need for more cuts MOSCOW: Russia’s central bank cut its key interest rate by a bigger-than-expected 1.5 percentage points to 8.0% on... Published 25 Jul, 2022 06:12am
Business & Finance Russian rouble, stocks push higher MOSCOW: The Russian rouble and stocks gained on Thursday, as the head of the central bank said the currency would... Published 17 Jun, 2022 06:37am
Business & Finance Rouble slumps over 10pc to near 2-week low as Russia slashes rates again MOSCOW: The Russian rouble slumped around 10% against the dollar in volatile trade to a two-week low on Thursday as... Published 27 May, 2022 05:50am
Business & Finance Rouble hits 2-year high vs euro in Moscow MOSCOW: The Russian rouble rose against the euro to the highest in more than two years on Friday and headed towards... Published 30 Apr, 2022 05:53am
Business & Finance Russian rouble firms vs dollar, OFZ bonds near 2-month highs MOSCOW: The Russian rouble firmed against the dollar on Tuesday, while prices for OFZ government bonds rose to their... Published 20 Apr, 2022 05:12am
Business & Finance Rouble firms past 79 vs dollar, stocks down MOSCOW: The rouble briefly firmed past the 79 mark against the dollar on Monday, while stock indexes fell as the... Published 19 Apr, 2022 05:32am
Markets Moscow exchange starts gradual reopening MOSCOW: Trading in federal government bonds restarted Monday on the Moscow Stock Exchange as part of a phased... Published 22 Mar, 2022 05:21am
Business & Finance Battered rouble hits record low outside Russia MOSCOW: The Russian rouble tumbled to a record low in extremely volatile trade on Monday, losing a third of its ... Published 01 Mar, 2022 05:34am
World Russia's 2021 inflation seen at slightly above 8%, central bank says MOSCOW: Consumer inflation in Russia will slightly exceed 8% in 2021, Central Bank Governor Elvira Nabiullina said ... Published 27 Dec, 2021 11:14pm
Business & Finance Russia lifts interest rates amid rising inflation, geopolitical risks Russia hikes rates in first move since July 2020. Central bank says more rate hikes possible soon. Higher rates designed to help tame inflation. Move expected to bolster rouble. Published 19 Mar, 2021 09:20pm
Business & Finance Russia, holding key rate at 4.25pc, takes more cuts off the table MOSCOW: Russia's central bank held its key interest rate at a record low of 4.25% on Friday and said it will not cut... Published 13 Feb, 2021 04:11am
Business & Finance Russia keeps key rate at record low of 4.25pc The central bank started cutting rates early this year when the economy took a hit from a plunge in prices for oil, Russia's main export. Published 18 Dec, 2020 06:45pm
Markets Russian rouble dives, central bank keeps rates unchanged The rouble was 1.2pc weaker against the dollar at 73.67, slipping away from a more than four-month high of 72.6475 hit on Thursday. Published 18 Dec, 2020 06:28pm
Markets Russian rouble weakens ahead of central bank rate decision At 0743 GMT, the rouble was 0.7pc weaker against the dollar at 73.32, slipping away from a more than four-month high of 72.6475 hit on Thursday. Published 18 Dec, 2020 03:48pm
Sanctions on Pakistan’s missile program not meant to ‘color other areas of cooperation’: US State Dept