Economy News Russia S Central Bank Governor Nabiullina On Rates, Economy And Banks
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Russian central bank governor Nabiullina speaks after rate cut
The governor of Russia's central bank, Elvira Nabiullina, spoke on Friday after the bank cut its key interest rate by 50 basis points to 16%. Here are some of the most important things she said. She ... Read More
Russian central bank cuts key rate to 16% as Putin speaks
The Russian central bank cut its key rate by 50 basis points to 16% on Friday, in line with analysts' expectations, as inflation slows down and the economy, focused on military action in Ukraine, ... Read More
Bitcoin mining ‘may be strengthening the ruble,’ says Russian central bank
Mining ‘leading to strong ruble exchange rate,’ says governor. Bank’s bullish statement comes after years of anti-crypto rhetoric. Central bank reportedly ready to let certain citizens trade crypto ... Read More
Cryptocurrency mining is strengthening the ruble, Bank of Russia says
Cryptocurrency mining is one of the factors contributing for a stronger ruble lately, the head of the Bank of Russia has acknowledged. The statement confirms the claim of a Kremlin official, who ... Read More
Russia’s Central Bank Says Bitcoin Mining Is Strengthening the Ruble
Russia’s Central Bank has acknowledged that crypto mining contributes to the ruble’s strength, though quantifying its exact impact remains difficult as much of the industry operates in gray areas. Read More
Russia's Putin says cooling of economy in 2025 is a 'conscious' decision
An economic slowdown in Russia this year to 1% growth from 4.3% in 2024 was the result of conscious actions by the central bank to bring down the inflation rate, President Vladimir Putin said on ... Read More
Russia's wartime consumer boom is cracking as shoppers tighten their wallets
You're currently following this author! Want to unfollow? Unsubscribe via the link in your email. Follow Huileng Tan Every time Huileng publishes a story, you’ll get an alert straight to your inbox! Read More
Russia is looking to rein in the country's property boom as it tries to cool an overheating economy
Russia's government has shelled out about half a trillion rubles since 2020 to fund a program that offered mortgages at rates as low as 8%. Read More
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