Central Bank of Russia – Page 2

Russia’s Interest Rate Hike Highlights Economic Struggle Amid Ukraine War

With the third-largest interest rate increase in a decade to shore up the ruble, Moscow’s policymakers are pursuing the conflicting goals of paying for the war against Ukraine and taming inflation.

By Anatoly Kurmanaev

Banking and Financial Institutions Central Bank of Russia Currency Economic Conditions and Trends Inflation (Economics) Putin, Vladimir V Russia Russian Invasion of Ukraine (2022)

Russia Tries to Bolster Ruble as Inflation Adds to Economic Woes

The central bank in Moscow took steps to counter the currency’s slide, but the war and resulting sanctions have put intense pressure on the economy.

By Paul Sonne

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The ruble’s fall is raising concerns inside Russia about rising inflation.

The Russian currency has lost about a quarter of its value against the dollar this year, a reflection of the country’s roiling economy.

By Paul Sonne

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Europe Vowed to Make Russia Pay for the War. It’s Not That Easy.

Confiscating Russian state assets frozen by the United States and Europe could breach international law and set a dangerous precedent, experts say.

By Monika Pronczuk and Eshe Nelson

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