The Russian Central Bank dispels rumors that it will “burn” unused digital ruble coins in inactive wallets as CBDC rollout nears.

Raiffeisen Bank’s clients include firms supplying the Russian military as it continues to wage war on Ukraine, Bloomberg reported Monday, citing bank statements and other documents it obtained. The ...

Russia's central bank sharply raised its inflation forecast for 2025 on Friday, warning there was no sign rocketing price increases would go into reverse. Inflation has been rising fast across the ...

while CEOs at top Russian corporations have publicly criticised the central bank's high interest rate policy. The regulator surprised markets at its last rate-setting meeting in December by ...

Inflation has been rising fast across the Russian economy for months ... forecast for 2025 of between 4.5 to five percent, the central bank said in a statement. This is despite a rally in the ...