The Bank of Russia continued its cycle of key interest-rate cuts even as Ukrainian attacks on refineries and a looming tax increase stoke inflation risks. The central bank lowered borrowing costs by ...

Russia lowered its benchmark interest rate by half a percentage point for the second consecutive time, a move that will offer little relief to businesses but underscores concerns that an upcoming tax ...

Russia's decision to lower borrowing costs just as Vladimir Putin addressed the nation underscores how tightly monetary policy and politics are now intertwined in Moscow. The central bank's move to ...

Russia's central bank on Friday cut its benchmark interest rate and said growth had slowed to almost zero as the economy sags under the cost of the Ukraine offensive and Western sanctions. Announcing ...

MOSCOW, Dec 3 (Reuters) - The Russian central bank is seen cutting its key interest rate by 50 basis points at a meeting on December 19 as inflation is slowing faster than expected, a Reuters poll of ...