Russia's Central Bank (CBR) raised the key interest rate by two points to 21% in late October. This is the highest rate since ...

Facing heavy losses in Ukraine, Russia is offering high salaries and bonuses to entice new recruits. In some poor regions, a ...

"The Russian economy is effectively facing the threat of stagflation — simultaneous stagnation or even recession and high ...

MOSCOW, November 13. /TASS/. The Bank of Russia set the official dollar rate at 98.3657 rubles for November 14, up 41 kopecks against the previous indicator. The official euro rat ...

Almost three years after Russia invaded Ukraine, the West’s financial sanctions have finally started to bite, triggering ...

EXCLUSIVE: A defence analyst suggested the threat of a nuclear war will only increase the longer the conflict continues.

Russia's central bank governor Elvira Nabiullina gave an impassioned defence of the country's banking sector to Communist ...

From "corporate bankruptcies", to reports of butter theft and huge potato inflation, pressures on Russia continue.

On November 11, an official ceremony was held in Tehran to launch the first stage of the project to integrate the Iranian and Russian payment systems ...

US Oct CPI later is expected to tick up from 2.4% to 2.6% on YoY basis but economists are more interested in longer term ...

Russia implements crypto tax system treating digital assets as property, requiring miners to pay taxes on both mining and selling activities ...

Russia's tight monetary policy has failed to curb price growth and has created risks of an economic slowdown, dragging the ...