Darya Korsunskaya

Russia

Contributor at Reuters

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Articles

Russia's Economy Minister Calls for 'Timely' Rate Cut to Boost Growth

5 days ago | gurutrade.com | Darya Korsunskaya |Andrew Osborn |Gareth Jones

MOSCOW, June 3 (Reuters) - Russia's economy minister Maxim Reshetnikov said on Tuesday that the central bank should ease monetary policy in a timely manner in order to achieve growth of 3%, a target set by President Vladimir Putin. Reshetnikov's comments came before the central bank reviews its key interest rate on June 6. A Reuters poll of 26 economists has predicted that the regulator will keep the key rate on hold at 21%.
Russian finance minister returns to idea of adjusting oil price budget rule

1 week ago | msn.com | Darya Korsunskaya |Alexander Marrow

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Russian finance minister returns to idea of adjusting oil price budget rule

1 week ago | reuters.com | Darya Korsunskaya |Alexander Marrow

Russian Finance Minister Anton Siluanov attends the Congress of the Russian Union of Industrialists and Entrepreneurs in Moscow, Russia April 25, 2024. REUTERS/Evgenia Novozhenina/File Photo May 28 (Reuters) - Finance Minister Anton Siluanov said on Wednesday an adjustment to the $60 oil cut-off price for Russia's budget rule should be considered, marking a potential policy shift that could impact Moscow's ability to raise spending and build up cash reserves.
US seeks return of nine Americans jailed in Russia

2 weeks ago | timeslive.co.za | Darya Korsunskaya |Lucy Papachristou

20 May 2025 - 13:14 Just R20 for the first month. Support independent journalism by subscribing to our digital news package. A source close to the Kremlin said the US has previously provided Moscow with a list of nine Americans jailed in Russia who Washington wants returned. Stock photo.
Hundred roubles to dollar would be acceptable, says Russian government source

2 weeks ago | kfgo.com | Darya Korsunskaya

By Darya KorsunskayaMOSCOW (Reuters) -The Russian economy could cope with the rouble sliding back to 100 to the dollar but authorities worry that any correction from current levels could spiral out of control, a senior government source has told Reuters. The rouble has surged about 40% against the dollar to around 80 this year. Analysts widely see it as overvalued and cite a failure of Ukraine peace talks, a possible interest rate cut and further falls in oil prices as likely triggers for a slide.
Hundred Roubles to Dollar Would Be Acceptable, Says Russian Government Source

2 weeks ago | money.usnews.com | Darya Korsunskaya

By Darya KorsunskayaMOSCOW (Reuters) -The Russian economy could cope with the rouble sliding back to 100 to the dollar but authorities worry that any correction from current levels could spiral out of control, a senior government source has told Reuters. The rouble has surged about 40% against the dollar to around 80 this year. Analysts widely see it as overvalued and cite a failure of Ukraine peace talks, a possible interest rate cut and further falls in oil prices as likely triggers for a slide.
Russian-backed union free trade deal with Iran goes into effect

3 weeks ago | bilaterals.org | Gleb Bryanski |Olga Popova |Darya Korsunskaya |Louise Heavens

Negotiations EAEU Reuters | 15 May 2025Russian-backed union free trade deal with Iran goes into effectThe Russian-led Eurasian Economic Union (EEU) free trade deal with Iran went into effect on Thursday, paving the way for increased trade across sectors ranging from agriculture to metals, a senior Russian official was quoted as saying.
Russian Jan-Apr Budget Deficit Widens to 1.5% of GDP on Accelerated Spending

1 month ago | gurutrade.com | Darya Korsunskaya |Andrew Osborn |Chizu Nomiyama |William Maclean

MOSCOW, May 7 (Reuters) - Russia ran a budget deficit of 3.2 trillion roubles ($39.6 billion), or 1.5% of gross domestic product, in the first four months of the year, the finance ministry said on Wednesday, citing preliminary data. The figure compares with a deficit of 0.6% of GDP in the same period of last year. The ministry said that advance payments to finance budget expenditure in January were behind the increase.
Russia plans to tap fiscal reserves to balance 2025 budget, finance minister says

1 month ago | sg.finance.yahoo.com | Darya Korsunskaya |Gleb Bryanski

Darya Korsunskaya and Gleb Bryanski Tue, 6 May 2025, 9:09 am 4 min read By Darya Korsunskaya and Gleb Bryanski MOSCOW (Reuters) -The Russian government plans to tap its fiscal reserves for 447 billion roubles ($5.51 billion), or about 1/10th of their liquid assets, to balance the budget in 2025 after a threefold increase in the deficit, the finance minister said on Tuesday.
Russia plans to tap fiscal reserves to balance 2025 budget, finance minister says

1 month ago | marketscreener.com | Darya Korsunskaya |Gleb Bryanski

MOSCOW (Reuters) -The Russian government plans to tap its fiscal reserves for 447 billion roubles ($5.51 billion), or about 1/10th of their liquid assets, to balance the budget in 2025 after a threefold increase in the deficit, the finance minister said on Tuesday. The finance ministry raised the 2025 budget deficit estimate to 1.7% of gross domestic product last week from 0.5% after reducing the energy revenues forecast by 24% due to expectations of a prolonged period of low oil prices.