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Russian central bank cuts interest rate to 18%

Russia's central bank today lowered interest rates to 18% from 20% earlier, its steepest cut in more than three years as policymakers race to avert a recession.
Business • 25 Jul

Russian economy is showing first signs of cooling - Ifax

Russia's economy is showing the first signs of cooling, with sales and orders falling in various sectors due to high interest rates and inflation, Economy Minister Maxim Reshetnikov was cited as saying today by the Interfax news agency.
Business • 17 Feb

Russia's economy grew 4.1% in 2024, prime minister says

Russia's economy grew by 4.1% in 2024, Russian Prime Minister Mikhail Mishustin told President Vladimir Putin today, slightly better than an official forecast of 3.9%.
Business • 07 Feb

Russian central bank cuts key rate, sees room for more

Russia's central bank lowered its key interest rate to 11% and said it saw room for more cuts this year, as inflation slows from more than 20-year highs and the economy is about to contract.
Business • 26 May 22

Russia's economy set for biggest contraction since 1994

Russia's economy is on track to contract by more than 10% in 2022, the biggest fall in gross domestic product since the years following the 1991 fall of the Soviet Union, former finance minister Alexei Kudrin said.
Business • 12 Apr 22

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