Bank of Russia

Russia Projected to Start Purchasing Chinese Yuan for Its Foreign Reserves as Soon as May

Russia will start to purchase Chinese yuan for its international … More… The post Russia Projected to Start ...

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Russian Banks Set for Record Profits This Year, Central Bank, Rating Agency Say

Bank of Russia raised its forecast for the profits of Russian banks… More… The post Russian Banks Set ...

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No Rate Hikes in Russia, Central Bank Keeps Interest Rate Level Again

Bank of Russia decided to maintain the interest rate at 7.5% amid moderate… More… The post No Rate ...

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Russia to Increase Reliance on National Currencies in Energy Trade, Vows to Move Away From the US Dollar

Russia will increase its reliance on national currencies to settle… More…

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Russia to Work With Digital Currencies of Other Nations

The platform developed for the digital ruble will be able to operate… More…

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Bank of Russia Has Stockpiled Reserve Comprised of Non-US Sanctioned Assets, Governor States

Elvira Nabiullina, governor of the Bank of Russia, has affirmed the… More…

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Foreign trade and pensions: What’s next for Russia’s CBDC project?

The Russian digital ruble pilot launch was delayed until at least … More…

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Bank of Russia to set up entities for crypto mining and cross-border settlement: Report

Russia’s central bank plans to create new institutions to mine crypto… More…

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Russia Developing Payment Gateways With Partners Like Turkey, Mulling Crypto Settlements

Bank of Russia is building a system of gateways with foreign payment… More…

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US Treasury Secretary Janet Yellen Acknowledges Sanctions Weaponization Could Hurt Dollar Hegemony

U.S. Treasury Secretary Janet Yellen talked about the dangers that… More…

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