Rouble crisis triggers Central Bank intervention

Rouble crisis: The Central Bank has again stepped in to protect the rouble which closed to an…

Russian capital control rumours dismissed by Central Bank

Russian capital control rumours: The Central Bank  of Russia yesterday denied that it was planning to implement…

Rouble trading corridor widened as Central Bank changes tack

Rouble trading corridor: The Central Bank on Monday moved a step closer to its goal of a freely floating rouble…

Euro rouble exchange rate returns to May levels

Euro rouble exchange rate:  During yesterday’s trading session on the Moscow stock exchange, the value of…

Eurasian Economic Union common currency in “5-10 years”

The dream of a Eurasian Economic Union common currency will become a reality in five to ten years, Russia’s…

Neva travel agency suspends operations

Neva travel agency, one Russia’s oldest tour operators, suspended operations this week leaving thousands of Russians stranded abroad.…

Russian real estate investment drops 60% in first half of year

Russian real estate investment: Investment in Russian real estate fell by almost 60% in the first half of 2014 due…

Russian housing boom runs out of steam

The Russian housing boom of the first half of 2014 appears to be coming to an…

Donetsk wants to join Customs Union

The breakaway Donetsk Republic is planning to adopt the rouble as its national currency and is also considering…

Rouble becomes official Crimean currency

Rouble becomes official Crimean currency: The Ukrainian hryvnia today ceased to be legal tender in Crimea, with all cash…

German exports to Russia down 13%

German exports to Russia slid 13% in the first quarter of the year, led by sharp falls in cars and machinery…

Rouble outflow escalates as Russians look abroad

Rouble outflow: Russians ditched the rouble in March at the fastest pace in more than four…

RNCB installs first Crimean rouble ATMs

Crimean rouble ATMs:  The Russian National Commercial Bank (RNCB) has installed the first ATMs to issue roubles…

Gazprom 2013 sales up but profits down

Gazprom 2013 sales: Gazprom saw sales of gas increase year, a 5% increase in operating expenses…

Russian food prices rising fast

Some Russian food prices are rising 40 times faster than they are in the rest of  Europe.…

Customs Union single currency “by 2019”

Customs Union single currency; Russia, Belarus and Kazakhstan may introduce a single currency by 2025 and as soon…

Gazprom currency strategy under review

Gazprom currency strategy: Gazprom is giving serious consideration to the possibility of conducting transactions with foreign…

Russian car prices on the rise

Russian car prices: Depreciation of the rouble against the dollar has forced car prices up by…

Rouble slide triggers 1.5% interest rate rise

Rouble slide: In a bid to stop the rouble’s slide in the wake of the Ukrainian crisis,…

Russian rental rates under pressure

Russian rental rates: The sharp fall in the rouble is exerting downward pressure on retail and…

Rouble slide fears triggers holiday bookings rush

Rouble slide fears: In an effort to get the best out their depreciating roubles, Russian tourists…

Rouble savings increase despite decline in value

Rouble savings: Russians are increasingly saving money in roubles rather than dollars despite the declining relative value of…

Kazakhstan devaluation puts tenge at 185 to the dollar

Kazakhstan devaluation: The weakening of the rouble has forced Kazakhstan’s central bank has devalued its currency by…