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Ruble Stabilizes But Long-Term Strength Depends on Sanctions Relief

Even if geopolitical tensions ease, a persistent capital outflow or continued domestic demand for foreign assets would limit ruble strengthening.

Russia Needs Rules for Returning Western Companies, Putin Says

Putin welcomed Western firms wanting to return to Russia, but called for regulators to create a framework that would advantage Russian companies.

Ruble Hits 6-Month High Amid U.S.-Russia Rapprochement

Russia’s Central Bank set the official exchange rate for Thursday at 88.5 rubles against the U.S. dollar, its highest level since August.

Inflation in Russia Has Likely Peaked and Rate Cuts May Start in June – Analysts

Rencap expects rate cuts to commence in June, bringing the rate down to 16% by year-end.

Can Putin Afford to Walk Away from Ukraine Peace Talks?

Russia has posted its largest budget deficit in three years and depleted its rainy day fund by 57% since the start of the war.

Russia’s Central Bank Holds Key Rate at 21%, Says Inflation Pressures ‘Remain High’

It was the second time in a row that policymakers held the key rate after raising it to the current all-time high in October.

Ruble on Track for Best Week Since October

Analysts attributed the ruble’s gains to increased dollar sales by Russian exporters and seasonal factors, including lower demand from importers.

Russian Oil and Gas Budget Revenues Up 17% Year-on-Year

The increase comes despite the Biden administration tightening sanctions on Russia’s oil and gas sector last month.

Russia's Financial Flows Surge in January, Indicating Robust Economic Growth – Central Bank

All major industry groups witnessed growth, with the most substantial uptick coming in sectors driven by investment demand.

Russian FDI Falls to 15-Year Low as Russia Faces 'Wrong Kind of Growth'

Much of the fall is related to the exit or winding down of operations of Western firms, especially in automotive and retail.

Inflation Remains ‘Challenge’ for Russian Economy, Putin Admits

“We need to do everything necessary to ensure balanced growth,” the Kremlin leader said during a meeting with Prime Minister Mikhail Mishustin.

Bank Deposits Are Back as Russians’ Favorite Investment in 2024

Depositing money in high-yielding bank accounts is back as Russians’ favorite store of wealth to protect their life savings against the ravages of high...

No Signs of Inflation Slowdown Yet, Russian Central Bank Says

The Central Bank's key rate has stood at a record-high 21% since October 2024.

Russia Faces Surge in Corporate Bankruptcy, Experts Warn

The Central Bank's key rate of 21% is driving up business debt burdens.

opinion Nick Trickett

What Is the Future of Ukraine’s Mineral Reserves?

Ukraine is thought to have 5% of the world's critical mineral resources. They could play a role in defining the country's future.

'Out of Control': Russia's CPI Inflation Up Again to 9.5% in December

The Central Bank continues to lose the fight to reign in rising prices.

Russia's Hidden War Debt Creates a Looming Credit Crisis

The Kremlin's mechanism to unofficially fund its war machine is becoming a problem.

opinion Alexandra Prokopenko

Russia’s Economic Gamble: The Hidden Costs of War-Driven Growth

The storm of government spending cannot address the chronic problems sending Russia's economy irreversibly toward economic stagnation.

The Russian Economy in 2025: 5 Key Things to Watch For

The Kremlin has used its deep financial reserves to prop up the economy — but Russia appears to be finally feeling the weight of wartime pressures.

Putin Says Inflation ‘Worrying’ But Russian Economy Remains ‘Stable’

“With the economy as a whole, the situation in Russia is stable, despite external threats,” he said at his annual press conference.

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