Duma takes up bill on granting amnesty for unauthorised capital exports
Duma takes up bill on granting amnesty for unauthorised capital exports Last Friday (Mar. 27), the government submitted to the Duma a bill to release private individuals from liability for illegal ex...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2015
CBR leaves key rate unchanged
CBR leaves key rate unchanged The Central Bank of Russia’s regular board meeting on December 16 decided to keep the key rate at 10 %, where it has remained since September. As of end-November, 12-mon...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2016
Recovery in services boosts on-year GDP growth; seasonally adjusted GDP contracts from previous quarter
Recovery in services boosts on-year GDP growth; seasonally adjusted GDP contracts from previous quarter Russian third-quarter GDP was up by 4.3 % y-o-y and up by 0.6 % from two years previo...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2021
Ukraine will receive significant funding from G7 loan program based on proceeds from frozen Russian assets this year
Ukraine,economy,BOFIT Weekly Review Ukraine will receive significant funding from G7 loan program based on proceeds from frozen Russian assets this year Ukraine’s largest source of external funding ...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2025
Only minor changes in value of China’s currency reserves since 2016
China Only minor changes in value of China’s currency reserves since 2016 At the end of January, the value of the People’s Band of China’s total official foreign reserve assets was 3.186 trillion do...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2019
BOFIT Visiting Researchers Programme - Call Spring/Summer 2026
<p>Call for Spring/Summer 2026</p>
Bofit.fi / Bofit homepage / BOFIT / News / 2025
Sanctions push CBR to adjust its ruble exchange rate policy
Russia Sanctions push CBR to adjust its ruble exchange rate policy The Central Bank of Russia abandoned its nominal exchange rate target and allowed the ruble to float freely in November 2014. The r...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2024
Lower growth in Russian construction activity
Russia Lower growth in Russian construction activity According to Rosstat, annual real growth in construction activity in 2018 was still 5.3 %. This year, growth has been non-existent. The volu...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2019
Russian economy’s growth rate accelerated in 2018
Russia Russian economy’s growth rate accelerated in 2018 Rosstat’s first GDP growth estimate for all of 2018, released on Monday (Feb. 4), surprised both Russian and foreign analysts. Rosstat estima...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2019
Russian government releases new guidelines for national projects
Russia Russian government releases new guidelines for national projects As part of his inaugural decrees in May 2018, president Putin set forth twelve national priority areas and a handful of infras...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2019
Continued low growth forecast for Russian economy this year
Russia Continued low growth forecast for Russian economy this year Major forecasts for Russian GDP growth this year run around 1.5 % p.a. The low pace of growth roughly matches that of realised...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2019
Growth in Russian industrial output revived in February
Russia Growth in Russian industrial output revived in February Industrial output growth rose to 2.6 % y-o-y in January-February. The figure moved up towards the growth figure for all of 2018. E...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2019
Russian first-quarter GDP contracted by 2 % on year
#russia Russian first-quarter GDP contracted by 2 % on year Rosstat’s preliminary estimate suggests that Russian GDP contracted by 2 % y-o-y during the January-March period. The rate of contrac...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2023
Wide variations in Russian manufacturing branches last year
Russia Wide variations in Russian manufacturing branches last year Wide variations in Russian manufacturing branches last year Total manufacturing output recovered only slightly last year. After tw...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2018
Russians moving to mobile banking
Russians moving to mobile banking With a shrinking number of local bank branch offices and fewer ATMs, households are turning to netbanking services. A recent Central Bank of Russia survey found that...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2017
Ruble strengthening returns
Ruble strengthening returns After a couple of months of weakening, the ruble’s exchange rate recovered in September and has since remained around 58 rubles to the dollar and 68 to the euro. Rising oi...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2017
Oil revenues continue increasing for the Russian government
Russia Oil revenues continue increasing for the Russian government The second-quarter rise in federal budget revenues was so substantial that first-half revenues were up by over 20 % y-o-y. Most of ...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2018
Revised Rosstat figures give a significantly brighter view of recent industrial output growth
Russia Revised Rosstat figures give a significantly brighter view of recent industrial output growth Revised 2016–17 data show that Russian industrial output, rather than the 2.3 % reported earlier,...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2018
Russian government places two Eurobond issues
Russian government places two Eurobond issues Last week the finance ministry placed 11-year and 30-year Eurobond issues worth a total of 4 billion dollars. The 11-year bond carries an initial yield o...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2018
Rosstat releases latest quarterly GDP figures for this year
#Russia Rosstat releases latest quarterly GDP figures for this year Rosstat’s latest batch of economic figures show Russian GDP contracted by 3.7 % y-o-y in the third quarter. The preliminary e...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2022