Russia’s overheating economy is on the brink of cooling as huge fiscal stimulus, high interest rates, stubbornly high inflation and Western sanctions take their toll…
Posts tagged as “russian central bank”
The Kremlin sent well wishes to Elvira Nabiullina on Tuesday amid speculation that the governor of Russia’s central bank was in hospital after she canceled…
The shelves at Moscow supermarkets are full of fruits, vegetables, cheese and meat. But many of the shoppers look at the selection with dismay, as…
Russia’s central bank on Tuesday increased its benchmark interest rate in an emergency move to try and halt the ruble’s recent slide, which prompted a…
President Vladimir Putin’s economic adviser criticized the central bank on Monday after the ruble plunged past 101 against the U.S. dollar, blaming its 30% year-to-date…