Russian oil fund shrank in 2018, but central bank foreign currency reserves grew
Russia Russian oil fund shrank in 2018, but central bank foreign currency reserves grew The National Welfare Fund, where the state’s excess revenues from oil and gas taxes are deposited, st...
Bofit.fi / BOFIT start page / Monitoring / Weekly Review / 2019
Number of passenger cars on the road in Russia rises from 26 million to 45 million in just ten years
Number of passenger cars on the road in Russia rises from 26 million to 45 million in just ten years In 2005, there were just 180 cars per 1,000 people in Russia. Since then, the nu...
Bofit.fi / BOFIT start page / Monitoring / Weekly Review / 2017
CBR continues to defend the ruble
CBR continues to defend the ruble With the conclusion of the New Year’s holiday season on January 11, the Central Bank of Russia during the next four days sold $2.2 billion on the currency markets, an...
Bofit.fi / BOFIT start page / Monitoring / Weekly Review / 2015
Russia hopes to attract investment in the Arctic territory
Russia Russia hopes to attract investment in the Arctic territory Russia has recently approved new strategies framing its policy in the Arctic region. This is particularly topical a...
Bofit.fi / BOFIT start page / Monitoring / Weekly Review / 2021
Government subsidies keep Russia’s inefficient car producers on life support
Government subsidies keep Russia’s inefficient car producers on life support The economy ministry last week released a study that found that Russia’s car industry received state sub...
Bofit.fi / BOFIT start page / Monitoring / Weekly Review / 2016
BoF_Research_Evaluation_2015.pdf
ve member of the European System of Central Banks, with cutting‐edge skills in the areas of monetary policy...
Bofit.fi / globalassets / en / research / research-evaluation / documents
Overall condition of Russia’s banking sector remains murky
Russia Overall condition of Russia’s banking sector remains murky With data on balance sheets or income statements no longer published on a regular basis, assessments are based on ...
Bofit.fi / BOFIT start page / Monitoring / Weekly Review / 2022
Russian economy continued to slide in May
Russia Russian economy continued to slide in May The broader impacts from Russia’s invasion of Ukraine in late February have gradually emerged throughout the Russian economy. High ...
Bofit.fi / BOFIT start page / Monitoring / Weekly Review / 2022
OPEC+ keeps production ceilings in place
Russia OPEC+ keeps production ceilings in place At the start of this week, the so-called OPEC+ league of oil producing countries reached agreement on extending production ceilings of its me...
Bofit.fi / BOFIT start page / Monitoring / Weekly Review / 2019
Russia’s contribution to global oil, gas and coal production held steady last year
Russia Russia’s contribution to global oil, gas and coal production held steady last year British Petroleum’s (BP) latest issue of its Statistical Review of Global Energy finds that Russ...
Bofit.fi / BOFIT start page / Monitoring / Weekly Review / 2019
Russian central bank further eases monetary policy
Russia Russian central bank further eases monetary policy On September 16, the Central Bank of Russia lowered its key rate by 50 basis points to 7.5 %. It was the fifth consec...
Bofit.fi / BOFIT start page / Monitoring / Weekly Review / 2022
Steady rise in Russian industrial output
Russia Steady rise in Russian industrial output According to Russian Statistics Service, the volume of industrial output rose by 2.1 % y-o-y in the first quarter of 2019. The output vo...
Bofit.fi / BOFIT start page / Monitoring / Weekly Review / 2019
Russia plans to increase food self-sufficiency goals, import bans not helping
Russia plans to increase food self-sufficiency goals, import bans not helping The draft for Russia’s updated national food security agenda calls for raising the degree of self-suffi...
Bofit.fi / BOFIT start page / Monitoring / Weekly Review / 2015
Russia restarts gas deliveries to Ukraine; air travel between the two countries set to end
Russia restarts gas deliveries to Ukraine; air travel between the two countries set to end Having received from Naftogaz a $230 million advance payment for next winter’s gas, Gazprom this we...
Bofit.fi / BOFIT start page / Monitoring / Weekly Review / 2015
Russian economic trends remained weak in May
Russia Russian economic trends remained weak in May In many industries, on-year production continued to decline significantly. The nadir of the corona crisis, however, seems to have been re...
Bofit.fi / BOFIT start page / Monitoring / Weekly Review / 2020
Russian markets fall as geopolitical tensions rise
Russia Russian markets fall as geopolitical tensions rise The declining market trend, which began at the end of October, has become steeper in recent weeks. The dollar-denominated RTS stock...
Bofit.fi / BOFIT start page / Monitoring / Weekly Review / 2022
Central Bank of Russia to sell its controlling stake in Sberbank to the finance ministry
Russia Central Bank of Russia to sell its controlling stake in Sberbank to the finance ministry About half of the shares of Sberbank, which is listed on the Moscow Stock Exchange, ...
Bofit.fi / BOFIT start page / Monitoring / Weekly Review / 2020
Russia’s economic recovery still uncertain
Russia’s economic recovery still uncertain October figures for seasonally and workday-adjusted industrial output showed slight improvement from September, even if they were roughly unchanged...
Bofit.fi / BOFIT start page / Monitoring / Weekly Review / 2016
Statement by Mr. Wammen, Minister of Finance, Denmark, On behalf of Denmark, Republic of Estonia, Finland, Iceland, Republic of Latvia, Republic of Lithuania, Norway, and Sweden.pdf
flee their homes. We are committed to continue delivering financial and humanitarian assistance to Ukraine. We work in close cooperation with international partners to implement strong, far-reaching...
Bofit.fi / globalassets / en / bank-of-finland / tasks / international-cooperation / speeches
Russian central bank further eases monetary policy
Russia Russian central bank further eases monetary policy At an unscheduled meeting on May 26, the Central Bank of Russia decided to lower the key rate by 300 basis points to 11...
Bofit.fi / BOFIT start page / Monitoring / Weekly Review / 2022