Russian Central Bank

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 Russians's wage growth slows down in January

The annual growth of Russians’ real wages has slowed down to its lowest since mid-2016 in January - 0.2%, due to rising inflation, the Russian Central Bank said in a report. "The annual growth rate of nominal wages continued …

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Bank of Russia keeps key rate at 7.75%

The Bank of Russia Board of Directors decided to keep the key rate at 7.75% per annum, the regulator said in a press release.  When grounding its decision the regulator noted that in January 2019, annual inflation held at the lower …

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Debt fever accelerates in Russia

Russian total banking debt volume increased by 22.8% in comparison with an increase of 13/2% in 2017 to 14.9 trillion rubles, according to the Russian Central Bank's review of the Russian banking sector. This is a …

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Russia launches its own SEPA

Instant Payment System (IPS) is to be launched in Russia on January 28, 2019, Director of the National Payment System Department of the Bank of Russia Alla Bakina said at the system's presentation. Bakina noted …

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Russia's external debt down to lowest level in decade

Russia's external debt reached its lowest level in a decade, the Central Bank of Russia (CBR) said in a statement on its website. According to the statement, the debt fell $64.354 billion (12.4%) in 2018 to $453.749 billion from …

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