Russian economy

Ruble strengthens to five-month high
Business

Ruble strengthens to five-month high

The currency has been rallying due to increased sales of foreign earnings by exporters © Getty Images / Savushkin The Russian…
Russia reports big surge in tax revenues
Business

Russia reports big surge in tax revenues

A total of $428 billion was raised in the first ten months of 2023, according to the fiscal authorities FILE…
Most Russian firms have adapted to sanctions – survey
Business

Most Russian firms have adapted to sanctions – survey

Businesses have either found new suppliers in ‘friendly’ foreign markets or at home © Sputnik / Yevgeny Biyatov The majority of…
Russian economic growth could exceed expectations – minister
Business

Russian economic growth could exceed expectations – minister

The country’s GDP is projected to increase by 3% this year, driven by strong domestic demand The International RUSSIA EXPO…
Russian trade with ‘friendly’ states soaring – official
Business

Russian trade with ‘friendly’ states soaring – official

Turnover in some sectors is up more than 30%, according to the Foreign Ministry © Getty Images / Victoria Koltsova Russia’s…
Russia reveals lower-than-expected budget gap
Business

Russia reveals lower-than-expected budget gap

The deficit has narrowed due to rising state revenues, the finance minister has said   ©  Sputnik/Ilya Pitalev Russia’s budget…
Russian central bank chief issues inflation warning
Business

Russian central bank chief issues inflation warning

Price growth has been accelerating for half a year, and has passed 7%, Elvira Nabiullina says © Sputnik / Vladimir Fedorenko…
Bloomberg outlines how Russia has shrugged off sanctions
Business

Bloomberg outlines how Russia has shrugged off sanctions

Vital sectors of the economy have reportedly rebounded ©  Sputnik/Mikhail Voskresenskiy Key sectors of the Russian economy have adapted to…
Russian electric SUV launches on domestic market
Business

Russian electric SUV launches on domestic market

EV maker MotorInvest has begun mass production of its latest Evolute model ©  EVOLUTE i-SKY Russian electric vehicle maker MotorInvest…
Russian GDP growth to top expectations – expert
Business

Russian GDP growth to top expectations – expert

The economy has largely recovered from last year’s sanctions-induced slump, according to VEB © Getty Images / MikeLaptev The Russian economy…
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