Russia's two largest banks have seen a surge in defaults on mortgage and consumer loan repayments, as the economic crisis in ...

Russia is projecting a 24% decrease in oil and gas revenues this year compared to previous estimates, following a recent ...

Russian officials have warned that China may devalue its currency as a retaliatory move following the recent tariffs imposed ...

Kirill Tremasov, adviser to the governor of Russia's central bank, issued a warning amid the Washington-Beijing trade war.

The United States’ rejection of a central bank digital currency has not halted the progress of CBDCs globally, but their ...

The current interest rate is at its highest level in 20 years and is imposing immense financial strains on companies across ...

There was supposed to be a more pronounced shift of language towards dovish – and indeed, some commentators interpreted the language as dovish because a key sentence on the possibility of a rate hike ...

Russia's central bank kept borrowing costs at a two-decade high of 21 percent on Friday to combat rampant inflation, despite ...