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1 week ago | 
businesslive.co.za | Darya Korsunskaya |Elena Fabrichnaya
Support our award-winning journalism. The Premium package (digital only) is R30 for the first month and thereafter you pay R129 p/m now ad-free for all subscribers. Russian economy minister Maxim Reshetnikov attends a session of the St. Petersburg International Economic Forum in Saint Petersburg, Russia, on June 19 2025.
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3 weeks ago | 
msn.com | Elena Fabrichnaya |Gleb Bryanski
Microsoft Cares About Your PrivacyMicrosoft and our third-party vendors use cookies to store and access information such as unique IDs to deliver, maintain and improve our services and ads. If you agree, MSN and Microsoft Bing will personalise the content and ads that you see. You can select ‘I Accept’ to consent to these uses or click on ‘Manage preferences’ to review your options and exercise your right to object to Legitimate Interest where used.
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3 weeks ago | 
reuters.com | Elena Fabrichnaya |Gleb Bryanski
Turning point after extended tightening cycleGrowth and inflation both slowing downFood inflation remains highCentral bank more confident in rouble stabilityMOSCOW, June 6 (Reuters) - The Russian central bank cut its key interest rate by a full percentage point to 20% on Friday, a surprise move by the bank which it justified by pointing to declining inflation pressure and a more robust rouble.
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3 weeks ago | 
kfgo.com | Gleb Bryanski |Elena Fabrichnaya
By Gleb Bryanski and Elena FabrichnayaMOSCOW (Reuters) – Russia’s central bank will keep its key interest rate on hold at 21% at its board meeting on June 6, but may soften its rhetoric and signal rate cuts later in the year, a Reuters poll of 26 economists showed on Monday.
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2 months ago | 
marketscreener.com | Elena Fabrichnaya |Gleb Bryanski
MOSCOW (Reuters) -The Russian central bank maintained its key interest rate at 21% on Friday, with inflation starting to decline but new risks facing the Russian economy because of global economic turbulence triggered by U.S. trade tariffs. Russia has not suffered directly from high import taxes on many countries announced by U.S. President Donald Trump but is now bracing for a protracted period of lower oil prices - its main export - and declining budget revenues.
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2 months ago | 
marketscreener.com | Elena Fabrichnaya
MOSCOW (Reuters) - Raiffeisen Bank International (RBI) said it plans another appeal after a Russian court on Thursday upheld an earlier ruling that it must pay over 2 billion euros ($2.28 billion) in damages over a collapsed investment deal. Austria's RBI was ordered to pay the money to Russian investment company Rasperia in a landmark ruling in January that was one of the harshest against a Western company still doing business in Russia. It is the biggest Western bank still operating there.
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2 months ago | 
in.marketscreener.com | Elena Fabrichnaya
MOSCOW (Reuters) - Raiffeisen Bank International (RBI) said it plans another appeal after a Russian court on Thursday upheld an earlier ruling that it must pay over 2 billion euros ($2.28 billion) in damages over a collapsed investment deal. Austria's RBI was ordered to pay the money to Russian investment company Rasperia in a landmark ruling in January that was one of the harshest against a Western company still doing business in Russia. It is the biggest Western bank still operating there.
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2 months ago | 
today.westlaw.com | Elena Fabrichnaya |Florence Tan |Nidhi Verma |David Evans
NEW DELHI/MOSCOW (Reuters) -Three more Russian insurers, including a subsidiary of top lender Sberbank, have asked India for approval to provide marine insurance for oil shipments sent to Indian ports, two sources with knowledge of the matter said,...
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2 months ago | 
kfgo.com | Elena Fabrichnaya |Gleb Bryanski
By Elena Fabrichnaya and Gleb BryanskiMOSCOW (Reuters) – Russian central bank chief Elvira Nabiullina is safe in her job for two more years with President Vladimir Putin’s personal support but the Kremlin will face a succession dilemma when her record tenure ends in 2027, two senior sources told Reuters. Nabiullina, 61, has faced intense criticism from lawmakers and some prominent businessmen since she was appointed in 2013, but has always endured with Putin’s backing.
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2 months ago | 
yahoo.com | Elena Fabrichnaya |Gleb Bryanski
By Elena Fabrichnaya and Gleb BryanskiMOSCOW (Reuters) - Russian central bank chief Elvira Nabiullina is safe in her job for two more years with President Vladimir Putin's personal support but the Kremlin will face a succession dilemma when her record tenure ends in 2027, two senior sources told Reuters. Nabiullina, 61, has faced intense criticism from lawmakers and some prominent businessmen since she was appointed in 2013, but has always endured with Putin's backing.
