Wednesday, June 24, 2026
Eximbank of Russia, a part of of the Russian Expo Center Group, opened the first correspondent account in Uzbek currency for Russian banks, at the same time opening several accounts in rubles for Uzbekistan's banks, which is aimed at expanding the capabilities of exporters and importers of the Russian products, the Russian...
The Kremlin sees support for constitutional amendments from most Russians as follows from the latest opinion polls, Russian presidential spokesman Dmitry Peskov told the media on Monday, TASS reports. "The situation unequivocally indicates the prevailing support for the package of amendments to the Constitution. Practically all opinion polls point in...
Russians have started to pile into stocks, with the number of private investors hitting a new record. The explosive investment interest came as Covid-19 and falling oil prices rattled the global economy, Russia Today reported. Crisis times often force people to rethink their financial strategies and look for new sources...
The Russian Direct Investment Fund (RDIF) invested about 200 bln rubles ($2.9 billion) into various projects within five months of 2020, RDIF chief Kirill Dmitriev said on Friday at the meeting with President Vladimir Putin, TASS writes. "We will continue proactive investments into the Russian infrastructure, including together with our...
The Business Activity Index (PMI) in Russia is still significantly below the neutral mark of 50 points, which indicates a continued decline in economic activity, said the head of Central Bank Elvira Nabiullina during an online conference on Friday. However, consumer demand and manufacturing activity in many regions are...
Russia has asked the United Nations to call on the United States to return Russia’s diplomatic property in New York for humanitarian reasons amid the coronavirus pandemic, Russia’s Deputy Permanent Representative to the United Nations Gennady Kuzmin said on Friday, TASS reported. "When the governor of New York State declared...
Russian Grand Prix organizers said on Thursday they were open to hosting two back-to-back races in Sochi this season to help Formula One flesh out a calendar reduced by the COVID-19 pandemic. The sport has already scheduled two double-headers at Austria’s Spielberg circuit and Silverstone in Britain in July and...
Moscow and central Russia’s Nizhny Novgorod region will be able to cast their votes online on a set of constitutional amendments that would allow President Vladimir Putin to extend his rule into the next decade, election officials said Thursday, The Moscow Times reported. The vote was originally set for April 22 but...
The ruble broke back below RUB70 to the dollar this week and was trading at RUB68.48 to the dollar as of the close of trading on June 3, Russia Today informed. “The official exchange rate averaged RUB72.6/$ in May vs RUB75.4/$ in April, while the lowest levels were seen in...
Russia will launch a 5 trillion ruble ($73 billion) recovery plan next month to offset economic damage from the coronavirus pandemic, Prime Minister Mikhail Mishustin said in a televised meeting with President Vladimir Putin on Tuesday, as reported by The Moscow Times. The program of increased spending will last until...