Bank interest rates on deposits and loans rose much higher than the central bank's key rate, causing a slowdown in lending ...

Inflation in Russia has reached its highest levels in nearly a year, driven by war spending and rising food prices, The ...

Russia's inflation has reached 9.5% this year, according to new weekly data showing that the consumer price index rose by ...

Russia's economy will be under major strain in 2025, economists told BI. One said stagnation was similar to the USSR at the ...

Russia’s central bank has left its benchmark interest rate at a record 21%, holding off on further increases despite high ...

This holiday season, many Russians are tightening their belts. Stubborn inflation has driven up prices of staples such as ...

Russia is poised for another aggressive rate hike on Friday as the central bank continues to find little success in tackling ...

The Bank of Russia held its key interest rate at a record-high 21%, surprising most analysts who’d expected policymakers to ...

Russia's central bank is expected to carry out a mammoth rate hike later this week as inflation continues to soar in the war-focused economy. Russia's consumer price index continues to rise rose ...

Russia's central bank has announced the decision to maintain the benchmark interest rate at 21 percent, resisting pressure for further increases despite surging inflation. This move follows an ...

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. The ...