Russia's best bet to rein in inflation might not do much good amid stiff sanctions by the West, one of the country's top bankers said. "In the context of high military expenditures and sanctions ...

In a move to tackle inflation, currently at 9.1 percent, Russia's Central Bank (CBR) increased the key interest rate by two points to 21% in late October, marking the highest rate since Putin ...

In fact, Russia's economy runs the risk of overheating, warned Elvira Nabiullina, the country's central bank governor, as she hiked the country's key interest rate to 16% last Friday, according to ...

Russia's 's central bank hiked its key interest rate to 12% on Tuesday. The 3.5 percentage point rise represents a bid to fight high inflation and the sharp depreciation of the country's currency ...