Alexander Khandruev

 Government predicts economic growth in Russia

Russian Economic Development Minister Maxim Oreshkin said that the data for the first months of this year indicate that the Russian economy has entered a new phase of growth. However, in order to increase it, it is necessary …

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 Dollar falls below 58 rubles

As of 10:10 am (MSK), the dollar exchange rate was worth only 57.9625 rubles at the morning trading session at the Moscow Exchange. For the last time the ruble exchange rate was so high in summer 2015. The euro was worth 61.32 rubles. …

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Is ruble defeating dollar?

The dollar exchange rate dropped today to 59.13 rubles during trading on the Moscow stock exchange. As for 14:30, according to the MICEX, the dollar was trading at a minimum of 58.95 rubles, but late increased a little. Thus, the ruble …

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Will US impose sanctions against whole world?

New US sanctions, proposed by the US senators, would damage the global economy, the Kremlin spokesman Dmitry Peskov said. "No doubt, such restrictions will deal additional damage both to bilateral relations …

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2016 marked by crisis for Russians

The crisis, rising prices and the difficult economic situation in the country have been the most significant event of 2016 for 40% of Russians, according to a survey conducted by the research holding Romir. In comparison with 2015, the …

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Nabiullina: closure of banks saves Russia

The closure of weak players in the Russian banking sector in the second half of 2013 - the beginning of 2014 helped to mitigate the effects of external shocks, which hit the country's economy two years ago, the chairman of the Central …

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Markets prepare for US interest rate increase in June

Major US stock indexes dropped yesterday of the background of a potential US interest rate increase in June. The Dow Jones Industrial Average plunged lost 0.52% and reached 17435.40 points, the NASDAQ Composite Index lost 0.56% and …

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 Moody's withdraws national scale ratings in Russia

Moody's Interfax Rating Agency has today withdrawn its Russia national scale ratings. "This decision was taken in light of legislative changes and other potential restrictions applicable to the business of providing NSRs in …

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