Russian banks reap record profits in 2024, helped by high rates and loan growth
Russian banks made record annual profits of 4 trillion roubles ($40.7 billion) in 2024, the central bank said on Thursday, as ...
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Volume of cash in circulation in Russia shows lowest growth in 9 years — Central Bank
The share of small-denomination banknotes in the cash supply structure increased due to the fact that the Bank of Russia has resumed printing 5-and 10-ruble banknotes and that updated 100-ruble bankno ...
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Russia’s Digital Ruble Passes Secret Trials as Kremlin Eyes CBDC Rollout
Russia completed the first phase of digital ruble testing in late 2024. The finance ministry says a full-scale CBDC pilot ...
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Stock market moves to growth of main indices, yuan strengthens against ruble
MOSCOW, January 29. /TASS/. The Russian stock indices have switched to growth after a decline at the start of trading, the yuan is strengthening against the ruble, according to data from the Moscow ...
‘Most of my life savings:’ Former KY Dem candidate suing market over Russian ruble trade
I invested most of my life savings in Russian rubles and Mexican pesos,” the former Democratic congressional nominee wrote.