The head of the European Central Bank said inflation has become more unpredictable due to shocks like the COVID-19 pandemic ...

The Russian central bank's board may consider an interest rate cut of more than 1 percentage point at its meeting on July 25 if data confirms that inflation is on track to slow to 4% in 2026, Deputy ...

Vladimir Putin has hinted at his desperation for inflation in Russia to decrease. On June 20, the Russian President said that ...

For months the talk in Kyiv was of a much-anticipated Russian offensive that would aim to gobble up more of the Ukraine’s ...

They said that companies will be forced to close due to the inability to renew their vehicle fleets at the high interest rate of the Central Bank of the Russian Federation, which currently stands at ...

The Russian Ruble has soared in the first half of 2025, outperforming most of the world's currencies. In particular, it ...

Central bank cannot buy and sell dollars, euros because of Western sanctions. China’s yuan is now the most traded foreign ...

The Central Bank of Russia has come up with new deadlines for the adoption of the digital ruble, following President Putin’s ...

Housing and utility bills in some parts of Russia are expected to soar by up to 25% as the country's economic meltdown ...

The Russian digital ruble, the nation’s central bank digital currency (CBDC), will finally launch nationwide on September 1, ...

The agreement ensures measures including the freeze on over €200 billion in Russian central bank assets will stay in place ...

ST. PETERSBURG, Russia -- Russia's economy is “on the brink of going into a recession,” the country's economy minister said Thursday, according to Russian media reports.