Karpunin News Today

Bank of Russia raised the key rate by 3.5 percentage points to 12% per annum. The decision was made "in order to limit risks to price stability" Since the beginning of summer, the Russian currency has fallen in price against the American, European and Chinese currencies by more than 20%. One of the main reasons for the observed dynamics was the current situation in foreign trade. Analysts still do not see any risks to financial stability and do not expect a rate hike to the highs of 2022...

By Darya Korsunskaya (Reuters) - Russia's attempts to plug its budget deficit by selling foreign currency reserves could lead to a vicious circle that...

Russias attempts to plug its budget deficit by selling foreign currency reserves could lead to a vicious circle that pushes the rouble higher and further reduces the Kremlins crucial export

Russia's attempts to address its budget deficit through the sale of foreign currency reserves may inadvertently devalue the ruble, according to some analysts.

Warmer-than-expected temperatures in Europe have reduced energy demand across the continent this winter, cutting into Russian President Vladimir Putins war chest and allowing countries to conserve natural gas and even begin refilling gas storage tanks ahead of next winter.

Российский рынок в среду испытал серьезное давление продавцов, в моменте теряя почти 2%. Однако приток покупателей пока остается сильным, так что локальные просадки многими... ПРАЙМ, 15.09.2022

Top stories from the Russian press on Friday, August 5th

On Friday, July 22, the Bank of Russia lowered its key rate from 9.5% to 8% per annum, the lowest level since the end of 2021. The Central Bank explained its decision by the ongoing slowdown in inflation in the country. According to the regulator, since the end of May, the annual growth rate of consumer prices has fallen on average in Russia from 17.1% to 15.5%, and by the end of 2022 it may reach 12%. According to the Central Bank, the external conditions for the economy are still difficult, bu...

Top stories from the Russian press on Wednesday, November 3rd

Top stories from the Russian press on Tuesday, October 19th