Fri, Oct 27, 2023
The Bank of Russia hiked interest rates by a higher-than-expected 200 basis points to 15%, raising borrowing costs for the fourth meeting running in response to a weak rouble, stubborn inflation and increasing budget spending.
More >
Tue, Oct 03, 2023
The Russian currency tends to come under pressure at the start of each month, after losing the support of a favourable month-end tax period that usually sees exporters convert FX revenues to meet local liabilities.
By accepting cookies, you agree to the storing of cookies on your device to enhance site navigation, analyze site usage, and assist in our marketing efforts.
