Russia News » Central News Russia » Central » Social: Russian central bank keeps key rate on hold at 14%, raises 2026 inflation forecast
By Elena Fabrichnaya and Gleb Bryanski MOSCOW, Oct 23 (Reuters) - The Russian central bank kept its key rate on hold at 14% for the second time in less than two months as Ukrainian drone attacks on ...
News Russia » Central » Social: Russian central bank bets on digital ruble to beat economic headaches — but there’s a catch
With the Russian economy in the grips of an economic slowdown, the Kremlin has devised a silver bullet — in the shape of the digital ruble. But there's just one problem ahead of the coin's September 1 ...
News Russia » Central » Social: Russian central bank sells gold at fastest rate since 1998 - the year Russia's economy crashed
Moscow is burning through its national assets at breakneck speed. For ten straight months, Russia’s central bank has quietly offloaded bullion from state reserves to plug a widening hole in public ...
News Russia » Central » Social: Russia just passed a law allowing its central bank to down drones
Russia's State Duma has passed a law allowing certain financial institutions to operate anti-drone defense systems. The law, passed Tuesday, also permits staff to be armed. Drone strikes are an ...
News Russia » Central » Social: Russia to Sharply Increase War Spending and Cut Social Programs
Both sides are finding it increasingly difficult to finance the conflict in Ukraine. Russia’s 2027 budget envisions more debt, higher taxes and lower social benefits. By Ivan Nechepurenko The Kremlin ...