The Russian central bank maintained its key interest rate at 21% on Friday, with inflation starting to decline but new risks ...

Russian Central Bank Governor Elvira Nabiullina and her deputy Alexei Zabotkin addressed a news conference on Friday after ...

Annual inflation in Russia stood at 10.3% as of April 21. This figure will decline to 7-8% towards the end of 2025, according to estimates of the regulator.

"The upward deviation of the Russian economy from a balanced growth path is still significant," the regulator noted ...

Russia left its key interest rate unchanged for a fourth straight meeting, despite a continuing rise in inflation driven by the diversion of men and material to prosecute the invasion of Ukraine.

President Donald Trump says Russia has already made a “pretty big concession” to end the war in Ukraine by stopping short of taking control of the whole country.

Falling oil prices threaten Vladimir Putin's war chest, with fossil fuels making up about a third of Russia's revenues.

The Russian economy is "bleeding cash" as capital flight sees £214billion sapped out of the country. Moscow has also been impacted by a downturn in exports of oil, gas & cars to China ...

Putin tell it, Russia’s economy has thrived despite Western sanctions, becoming more self-sufficient and reorienting toward new markets. But there is one company that Russian officials make no ...

The price drop adds to pressure on the Russian economy, which is expected to slow this year after being fuelled by war-related spending. Moscow already has used some of its sovereign wealth fund ...

Donald Trump's special envoy Steve Witkoff has met Vladimir Putin for talks in Russia - as the US president called on Moscow to "get moving" with ending the war in Ukraine. Mr Witkoff, who has ...

Russian state statistical agency Rosstat raised its estimate of gross domestic product growth for 2024 on Friday to 4.3% from 4.1% earlier. The revision was due to higher growth in the fourth quarter ...