The Russian central bank is expected to keep its benchmark interest rate on hold at a board meeting on February 14 but is ...
The Russian Central Bank raised interest rates to a record high of 21% last year, in an attempt to control inflation, but the ...
Russian banks made record annual profits of 4 trillion roubles ($40.7 billion) in 2024, the central bank said on Thursday, as Russia's financial sector continued to rebound from sanctions, riding a ...
Russian workers are increasingly turning to payday loans charging exorbitant interest rates, as they struggle to make ends meet in the growing economic crisis. The Russian Central bank raised ...
Vladimir Putin is nervous. Almost three years into his war in Ukraine, the Russian president is increasingly concerned about ...
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 ...