A fifth of foreign debt of Russian banks and other businesses denominated in rubles
Russia A fifth of foreign debt of Russian banks and other businesses denominated in rubles The Central Bank of Russia reports that the total foreign debt of Russian banks and other...
Bofit.fi / BOFIT start page / Monitoring / Weekly Review / 2018
Ruble appreciation continues in the first two weeks of this year
Russia Ruble appreciation continues in the first two weeks of this year The ruble’s exchange rate has appreciated gradually since its lows at the end of 2018. Over the first weeks of this y...
Bofit.fi / BOFIT start page / Monitoring / Weekly Review / 2020
Russian first-quarter economic growth well below expectations
Russia Russian first-quarter economic growth well below expectations Preliminary Rosstat figures show Russian GDP growth in the first three months of the year was just 0.5 % y-o-y, a f...
Bofit.fi / BOFIT start page / Monitoring / Weekly Review / 2019
Central Bank of Russia lowers key rate
Russia Central Bank of Russia lowers key rate On June 14, the Central Bank of Russia, as markets anticipated, lowered the key rate by 25 basis points. The key rate is now ...
Bofit.fi / BOFIT start page / Monitoring / Weekly Review / 2019
Russian economic recovery slow last year
Russia Russian economic recovery slow last year Preliminary figures from Rosstat show that Russian GDP grew by 1.5 % in 2017, slightly less than nearly all forecasters had expected. Recover...
Bofit.fi / BOFIT start page / Monitoring / Weekly Review / 2018
Russia’s invasion also causing economic damage to Ukraine
Russia,Ukraine Russia’s invasion also causing economic damage to Ukraine The waste and destruction of Russia’s unprovoked attack on Ukraine includes harm to an economy tha...
Bofit.fi / BOFIT start page / Monitoring / Weekly Review / 2022
Moscow stock indices and oil prices still up for the year
Russia Moscow stock indices and oil prices still up for the year The Moscow Exchange has been lifted this year by a strong updraft from rising oil prices. News of the omicron variant of COV...
Bofit.fi / BOFIT start page / Monitoring / Weekly Review / 2021
Concerns over Russia's regional budget deficits
Russia Concerns over Russia's regional budget deficits Regional budgets (consolidated budgets of the regional and local levels) represent slightly over a third of Russia...
Bofit.fi / BOFIT start page / Monitoring / Weekly Review / 2018
The fastest recovery phase for Russia's government budgets is over
Russia The fastest recovery phase for Russia's government budgets is over The fastest recovery phase for Russia's government budgets is over The recovery of reven...
Bofit.fi / BOFIT start page / Monitoring / Weekly Review / 2017
Russia posts uneven economic performance in September
Russia Russia posts uneven economic performance in September Russia posts uneven economic performance in September On the consumption side, the recovery seemed to strengthen, with ...
Bofit.fi / BOFIT start page / Monitoring / Weekly Review / 2017
Russian youth unemployment near European average
Russian youth unemployment near European average Russia last year had about a million unemployed persons between the ages of 15 and 24. The youth unemployment rate was 16 %, while the overal...
Bofit.fi / BOFIT start page / Monitoring / Weekly Review / 2017
Central Bank of Russia kept key rate unchanged
Russia Central Bank of Russia kept key rate unchanged On December 18, the CBR decided to keep the key rate unchanged at 4.25 %, the level at which it has remained since last J...
Bofit.fi / BOFIT start page / Monitoring / Weekly Review / 2021
Bank profitability improved in Russia, even with a decline in corporate borrowing
Bank profitability improved in Russia, even with a decline in corporate borrowing Figures from the Central Bank of Russia show total banking sector assets nominally declined last ye...
Bofit.fi / BOFIT start page / Monitoring / Weekly Review / 2017
Covid-19 subdues private consumption in Russia
Russia Covid-19 subdues private consumption in Russia Although Russian GDP still grew by 1.6 % y-o-y in the first quarter of this year, it contracted by 8.0 % in the seco...
Bofit.fi / BOFIT start page / Monitoring / Weekly Review / 2020
Signs of growth in Russian goods trade
Russia Signs of growth in Russian goods trade In the April-June period, the value of Russian goods exports was down by 30 % y-o-y, mostly on a drop in export commodity prices. The volu...
Bofit.fi / BOFIT start page / Monitoring / Weekly Review / 2020
Contraction in Russian foreign trade and capital outflow slowed down
Contraction in Russian foreign trade and capital outflow slowed down Preliminary balance-of-payments ... quarter in April-June. Oil & gas exports declined by about a third on-year, while other exp...
Bofit.fi / BOFIT start page / Monitoring / Weekly Review / 2016
Russia’s creditworthiness battered again
Russia’s creditworthiness battered again Last Friday (Feb. 20), the international credit ratings agency Moody’s lowered its rating of Russian foreign-currency government sovereigns from thei...
Bofit.fi / BOFIT start page / Monitoring / Weekly Review / 2015
Russia’s third-quarter exports and imports figures fall to 2010 levels
Russia’s third-quarter exports and imports figures fall to 2010 levels Preliminary balance-of-payments figures from the Central Bank of Russia show earnings on exports of goods and ...
Bofit.fi / BOFIT start page / Monitoring / Weekly Review / 2015
Trends weakened in many branches of the Russian economy in March
Russia Trends weakened in many branches of the Russian economy in March The economic disruption from Russia’s war on Ukraine and Western economic sanctions was reflected immediatel...
Bofit.fi / BOFIT start page / Monitoring / Weekly Review / 2022
Sale of Rosneft stake to CEFC cancelled
Russia Sale of Rosneft stake to CEFC cancelled The deal that was announced last autumn involved the Chinese CEFC's acquisition of a 14 % stake in Rosneft from a consortium of Glencore a...
Bofit.fi / BOFIT start page / Monitoring / Weekly Review / 2018