By Elena Fabrichnaya ST PETERSBURG, Russia (Reuters) -Russian inflation is slowing faster than the central bank expected, and ...

By Elena Fabrichnaya and Gleb Bryanski ST PETERSBURG, Russia (Reuters) -The Russian economy has adapted to Western sanctions ...

Russian Central Bank Governor Elvira Nabiullina and her deputy Alexei Zabotkin addressed a news conference on Friday after the central bank cut its key rate to 20% from 21%.

Russia has faced economic turbulence caused by sanctions imposed after Putin's full-scale invasion of Ukraine that are aimed at choking Moscow's military machine. Strong GDP has been driven by high ...

Elvira Nabiullina, Governor of Russian Central Bank, speaks at a press conference in Moscow, Russia, July 26, 2024. REUTERS/Maxim Shemetov.

The Russian central bank sees no risk of a looming crisis in the country's banking system as rising bad debts are well covered by banks' $100 billion in capital, Governor Elvira Nabiullina said on ...

Elvira Nabiullina, Governor of Russian Central Bank, attends a press conference in Moscow, Russia, July 26, 2024. REUTERS/Maxim Shemetov/File Photo.

Russia's central bank has left its benchmark interest rate at a record 21%, holding off on further increases despite high consumer inflation fueled by the Kremlin's war against Ukraine.

Russia's top central banker, Elvira Nabiullina, told the government yesterday that the country is approaching a "turning point" for inflation and interest rates, Moscow-based RBC Group reported.

This article was originally published by Radio Free Europe/Radio Liberty and is reprinted with permission. At Russia’s annual marquee event for business ...

Economic activity in the Russian Federation slowed slightly at the beginning of 2025 compared to the end of 2024, which corresponds to the February forecast of the Central Bank. This is stated in a ...