The Russian central bank is expected to keep its benchmark interest rate on hold at a board meeting on February 14 but is ...

Russian banks made record annual profits of 4 trillion roubles ($40.7 billion) in 2024, the central bank said on Thursday, as ...

By Ben Aris in Berlin Depositing money in high-yielding bank deposits is back as Russians’ favourite store of wealth to ...

Many large companies have complained about high interest rates raising their borrowing costs. Russia's largest mobile ... them to service loans even at current rates," the bank said.

The daily chart shows that the USD/RUB exchange rate rose to a high of 114.48 in 2024 as the Russian economy remained on edge ...

Russian banks' net interest income rose 11% to 6.7 trillion ... which allows them to service loans even at current rates," the bank said. "However, difficulties may arise for some companies ...

The Russian Central Bank raised interest rates to a record high of 21% last year, in an attempt to control inflation, but the ...

Aleksandr Shohin, president of the Russian Union of Industrialists ... Bank to raise its policy interest rate during its February meeting. Shohin noted that the current policy rate is already ...

Saudi Arabia's energy minister and several of his OPEC+ counterparts held talks following Trump’s call to lower oil prices, ...