Russia cuts key rate for first time in 10 months Russia's central bank today cut its key interest rate from 11% to 10.5%, the first reduction in 10 months after a recovery by the rouble on the back of oil price rises and a drop in inflation fears. Business • 10 Jun 16
Russia cuts key rate for first time in 10 months Russia's central bank today cut its key interest rate from 11% to 10.5%, the first reduction in 10 months after a recovery by the rouble on the back of oil price rises and a drop in inflation fears. Business • 10 Jun 16
Russian central bank warns of future rate hikes Russia's central bank today warned of possible interest rate hikes ahead if inflation risks rise, as it held its key rate at 11% after more oil price drops. Business • 29 Jan 16
Russian central bank warns of future rate hikes Russia's central bank today warned of possible interest rate hikes ahead if inflation risks rise, as it held its key rate at 11% after more oil price drops. Business • 29 Jan 16
Russian GDP fell 3.7% in 2015 Russia's gross domestic product fell 3.7% in 2015 as the country's energy-dependent economy reeled from low oil prices, the state statistics agency said today, citing preliminary data. Business • 25 Jan 16
Russian GDP fell 3.7% in 2015 Russia's gross domestic product fell 3.7% in 2015 as the country's energy-dependent economy reeled from low oil prices, the state statistics agency said today, citing preliminary data. Business • 25 Jan 16
Russian economy to endure 'difficult' 2016 Russia's finance minister has predicted that 2016 would be a difficult year for his country's recession-hit economy, already reeling from low oil prices. Business • 30 Dec 15
Russian economy to endure 'difficult' 2016 Russia's finance minister has predicted that 2016 would be a difficult year for his country's recession-hit economy, already reeling from low oil prices. Business • 30 Dec 15
Russia central bank keeps rate unchanged Russia's central bank has today opted to keep the main interest rate at 11% after lowering its rate five times this year. Business • 11 Sep 15
Russia central bank keeps rate unchanged Russia's central bank has today opted to keep the main interest rate at 11% after lowering its rate five times this year. Business • 11 Sep 15
Russia cuts rates again in bid to boost economy Russia's Central Bank has today cut its key interest by one point to 11.5% as it tries to bolster an economy battered by Western sanctions and lower oil prices. Business • 15 Jun 15
Russia cuts rates again in bid to boost economy Russia's Central Bank has today cut its key interest by one point to 11.5% as it tries to bolster an economy battered by Western sanctions and lower oil prices. Business • 15 Jun 15
Russian Q1 economic contraction less than feared Russia's economy shrank 1.9% in the first quarter under pressure from low oil prices and Western sanctions, a smaller contraction than earlier expected. Business • 15 May 15
Russian Q1 economic contraction less than feared Russia's economy shrank 1.9% in the first quarter under pressure from low oil prices and Western sanctions, a smaller contraction than earlier expected. Business • 15 May 15
Russian central bank cuts key rate to 12.5% Russia's central bank today cut its key interest rate by 1.5 percentage points to 12.5%, citing declining inflation risks and the need to kick-start the ailing economy. Business • 30 Apr 15
Russian central bank cuts key rate to 12.5% Russia's central bank today cut its key interest rate by 1.5 percentage points to 12.5%, citing declining inflation risks and the need to kick-start the ailing economy. Business • 30 Apr 15
Russia's central bank makes surprise interest rate Russia's central bank today cut its main interest rate to 15% from 17% in a move that caught markets by surprise, sending the rouble tumbling. Business • 30 Jan 15
Russia's central bank makes surprise interest rate Russia's central bank today cut its main interest rate to 15% from 17% in a move that caught markets by surprise, sending the rouble tumbling. Business • 30 Jan 15
Gazprom's nine month net profit plunge 35% Russia's Gazprom today posted a 35% drop in nine-month net profit to 556.3 billion roubles ($8.13 billion) year-on-year. Business • 29 Jan 15
Gazprom's nine month net profit plunge 35% Russia's Gazprom today posted a 35% drop in nine-month net profit to 556.3 billion roubles ($8.13 billion) year-on-year. Business • 29 Jan 15
Euro hits eleven year low against the dollar The euro has fallen under $1.15 for the first time in over eleven years as traders reacted to increasing signs that the ECB will launch a bond buying stimulus programme. Business • 16 Jan 15
Euro hits eleven year low against the dollar The euro has fallen under $1.15 for the first time in over eleven years as traders reacted to increasing signs that the ECB will launch a bond buying stimulus programme. Business • 16 Jan 15
Price of Russia's Lada to rise on rouble weakness The price of Russia's most popular car, the Lada, will increase by 9% this week because of the plunging rouble, the country's largest carmaker Avtovaz said. Business • 13 Jan 15
Price of Russia's Lada to rise on rouble weakness The price of Russia's most popular car, the Lada, will increase by 9% this week because of the plunging rouble, the country's largest carmaker Avtovaz said. Business • 13 Jan 15
Russia sold $76 billion to prop up rouble in 2014 Russia's central bank in 2014 sold $76.1 billion and €5.4 billion in attempts to support the rouble, statistics published today show, as the currency continued to fall. Business • 12 Jan 15
Russia sold $76 billion to prop up rouble in 2014 Russia's central bank in 2014 sold $76.1 billion and €5.4 billion in attempts to support the rouble, statistics published today show, as the currency continued to fall. Business • 12 Jan 15
Russian inflation hits 11.4% for 2014 Russia's state statistics service has estimated annual inflation at 11.4% for 2014, the highest level since the financial crisis of 2008. Business • 31 Dec 14
Russian inflation hits 11.4% for 2014 Russia's state statistics service has estimated annual inflation at 11.4% for 2014, the highest level since the financial crisis of 2008. Business • 31 Dec 14
Russian economy shrinks for first time since 2009 Russia's economy shrank in November for the first time in five years, as sliding oil prices and Western sanctions over Ukraine take their toll. Business • 29 Dec 14
Russian economy shrinks for first time since 2009 Russia's economy shrank in November for the first time in five years, as sliding oil prices and Western sanctions over Ukraine take their toll. Business • 29 Dec 14
Russian inflation hits 10.4% as rouble struggles Russian inflation has climbed into double digits - hitting 10.4%, new data has shown, indicating that prices could be growing faster than expected due to the depreciating rouble. Business • 24 Dec 14
Russian inflation hits 10.4% as rouble struggles Russian inflation has climbed into double digits - hitting 10.4%, new data has shown, indicating that prices could be growing faster than expected due to the depreciating rouble. Business • 24 Dec 14
Russia's central bank forced to bail out lender Russia's central bank said today it had placed the troubled Trust Bank under supervision and would bail it out with 30 billion roubles (€430m) to avoid bankruptcy. Business • 22 Dec 14
Russia's central bank forced to bail out lender Russia's central bank said today it had placed the troubled Trust Bank under supervision and would bail it out with 30 billion roubles (€430m) to avoid bankruptcy. Business • 22 Dec 14
Western firms trying to cope with rouble's fall Western companies are curtailing investments in Russia, repatriating funds and talking with their banks about currency hedges to protect profits from the falling rouble. Business • 19 Dec 14
Western firms trying to cope with rouble's fall Western companies are curtailing investments in Russia, repatriating funds and talking with their banks about currency hedges to protect profits from the falling rouble. Business • 19 Dec 14
Russia rushes through bill boosting bank capital Russia's lower house of parliament hastily approved a draft law today that would give the banking sector a capital boost of up to 1 trillion roubles ($16.5 billion). Business • 19 Dec 14
Russia rushes through bill boosting bank capital Russia's lower house of parliament hastily approved a draft law today that would give the banking sector a capital boost of up to 1 trillion roubles ($16.5 billion). Business • 19 Dec 14
Russian rouble in new fall but collapse slows The dramatic fall in Russia's rouble slowed today, with the government selling foreign currency to prop it up after a 50% fall against the dollar this year. Business • 17 Dec 14
Russian rouble in new fall but collapse slows The dramatic fall in Russia's rouble slowed today, with the government selling foreign currency to prop it up after a 50% fall against the dollar this year. Business • 17 Dec 14
Rouble's slide 'critical': Russian central bank The Russian central bank has described the rouble slide as "critical", and said it would take further measures to address the issue. Business • 16 Dec 14
Rouble's slide 'critical': Russian central bank The Russian central bank has described the rouble slide as "critical", and said it would take further measures to address the issue. Business • 16 Dec 14
Rouble hits new low despite interventions The Russian rouble tumbled to new record lows today despite repeated interventions by the central bank to keep the national currency afloat. Business • 15 Dec 14
Rouble hits new low despite interventions The Russian rouble tumbled to new record lows today despite repeated interventions by the central bank to keep the national currency afloat. Business • 15 Dec 14
Russia's central bank raises key rate Russia's central bank raised its main lending rate to 10.5% today to prop up the rouble but failed to stop the currency sinking to a new low. Business • 11 Dec 14
Russia's central bank raises key rate Russia's central bank raised its main lending rate to 10.5% today to prop up the rouble but failed to stop the currency sinking to a new low. Business • 11 Dec 14
Russian minister slashes growth forecast The Russian economy ministry has slashed its economic forecast for 2015, announcing a contraction of 0.8% due to the pressure of Western sanctions over the Ukraine crisis and falling oil prices. Business • 02 Dec 14
Russian minister slashes growth forecast The Russian economy ministry has slashed its economic forecast for 2015, announcing a contraction of 0.8% due to the pressure of Western sanctions over the Ukraine crisis and falling oil prices. Business • 02 Dec 14
Rouble falls to new lows against world currencies Russia's currency has fallen to an historic low, losing over 10% in value over the course of the week amid falling oil prices and the fallout of the Ukraine crisis. Business • 07 Nov 14
Rouble falls to new lows against world currencies Russia's currency has fallen to an historic low, losing over 10% in value over the course of the week amid falling oil prices and the fallout of the Ukraine crisis. Business • 07 Nov 14
