MOSCOW, January 30. /TASS/. The Bank of Russia set the official dollar exchange rate for January 31, 2025 at 98.0062 rubles, which is the same as the previous indicator.

Soaring interest rates and sharp subsidy cuts have brought a once-thriving mortgage market to a halt, putting homeownership ...

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 ...

Russia completed the first phase of digital ruble testing in late 2024. The finance ministry says a full-scale CBDC pilot ...

The digital RUB rollout claims new breakthrough after Russian gov’t and Central Bank announce “trial” of the CBDC in ...

Pressure to impose sanctions, a raging war and a looming Trump presidency have not quenched the bloc’s thirst for Russian gas. BRUSSELS — Europe is buying Russian gas at an unprecedented rate ...

Ukraine is launching a fresh offensive in Russia’s Kursk region, aiming to reclaim the initiative, expose Russia’s persistent vulnerabilities and strengthen its position ahead of potential ...

MOSCOW. Jan 16 (Interfax) - Russia's National Wealth Fund (NWF) totaled nearly 11.88 trillion rubles, the equivalent of $116.837 billion or 6.2% of projected GDP for 2024, on January 1, 2025, the ...

Don’t worry, it’s not something you enter banking information into; it’s a browser plug-in that streamlines your experience while using the eShop with content filters. All purchases are ...

Paynet has acquired a 100% stake in the National Interbank Processing Center (HUMO) for $65 mn, announced UzSAMA. The deal, finalized through a competitive privatization process, positions Paynet as a ...

MOSCOW, Jan 11 (Reuters) - Russia's Foreign Ministry on Saturday denounced new U.S. sanctions against Moscow's energy sector as an attempt to harm Russia's economy at the risk of destabilising ...

Oil income promotes economic stability by helping keep the budget deficit under control, and by supporting the value of the Russian ruble against other currencies. Oil keeps Russia’s trade balance in ...