Russia’s creditworthiness battered again
Russia’s creditworthiness battered again Last Friday (Feb. 20), the international credit ratings agency Moody’s lowered its rating of Russian foreign-currency government sovereigns from their lowest ...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2015
Fitch downgrades Russia’s creditworthiness
Fitch downgrades Russia’s creditworthiness International credit ratings specialist Fitch announced last Friday (Jan. 9) that it had cut its ratings on Russian sovereign debt from BBB to BBB-, Fitch’s...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2015
Economic imbalances weighing on Russia’s output growth
Russia,economy,BOFIT Weekly Review Economic imbalances weighing on Russia’s output growth Russia’s stock market has risen and the ruble’s exchange rate has strengthened in recent weeks on prospects ...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2025
Russia lays out hydrocarbon-based energy strategy
Russia,energy,economy Russia lays out hydrocarbon-based energy strategy The Russian government prepares a national energy strategy at regular intervals. The 2009 strategy paper, which covered the p...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2024
BOFIT Forecast for Russia 2024-2026 / 2
<p>The latest forecast from BOFIT, the Bank of Finland’s Institute for Emerging Economies, sees Russian economic growth this year exceeding its previous estimate made last April. The higher 2024...
Bofit.fi / Bofit homepage / BOFIT / News / 2024
Sanctions on Russia further tightened in June
Russia Sanctions on Russia further tightened in June The European Union, United States and United Kingdom expanded their economic sanctions on Russia in June. The new round of sanctions are intended...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2024
BOFIT Forecast for Russia 2024-2026 / 1
russia,forecast BOFIT Forecast for Russia 2024–2026 is published The Bank of Finland Institute for Emerging Economies (BOFIT) expects Russian economic growth to begin slowing this year. While 2024 g...
Bofit.fi / Bofit homepage / BOFIT / News / 2024
BOFIT Forecast for Russia 2023-2024 / 1
Russia,forecast BOFIT Forecast for Russia 2023–2024 is published Russia’s unprovoked invasion of Ukraine and the economic sanctions imposed on Russia drove the Russian economy to the verge of crisis...
Bofit.fi / Bofit homepage / BOFIT / News / 2023
BOFIT Forecast for Russia 2023-2024 / 2
#Russia #forecast BOFIT Forecast for Russia 2023–2024 is published For the first half of this year, Russia’s economy clearly outperformed our previous forecast. While much of the up-side surprise ca...
Bofit.fi / Bofit homepage / BOFIT / News / 2023
Significant weakening of Russia’s government finances
#russia Significant weakening of Russia’s government finances Budget revenues declined while spending still increased even after a pull-back Russia’s government budget revenues have slipped in recen...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2023
Russia’s foreign debt remains unchanged
Russia’s foreign debt remains unchanged The Central Bank of Russia estimates that Russia’s foreign debt stood at nearly $560 billion (30 % of GDP) as of end-June. Russia’s second-quarter foreign deb...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2015
Russia’s economic growth remained slow
Russia Russia’s economic growth remained slow The preliminary Rosstat figure shows Russian second-quarter GDP growth was 0.9 % y-o-y. When combined with first-quarter GDP growth of 0.5 %, first...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2019
Russia’s goods trade stays rather flat
Russia Russia’s goods trade stays rather flat . According to Russian customs service, the dollar value of Russian goods imports in the second quarter declined by 3 % y-o-y. The earlier sha...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2019
US imposes new sanctions on Russia
Russia US imposes new sanctions on Russia At the beginning of August, president Donald Trump signed an executive order preventing United States financial institutions from participating in new issue...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2019
Russia continues to accumulate foreign currency reserves
Russia Russia continues to accumulate foreign currency reserves The CBR’s foreign currency and gold reserves have grown quickly this year. As of August 1, the reserves stood at about 520 billio...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2019
Russia posts tepid first-half growth
Russia Russia posts tepid first-half growth Although Russian GDP grew by over 2 % last year, the pace of growth slowed to just 0.5 % in the first quarter of this year (BOFIT Weekly 21/2019). Ne...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2019
Russia tries to strengthen import substitution policy
Russia Russia tries to strengthen import substitution policy In February, Russia’s ministry of industry and trade released a draft decree which would limit public procurement. The decree would requi...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2019
Central Bank of Russia lowers key rate
Russia Central Bank of Russia lowers key rate On June 14, the Central Bank of Russia, as markets anticipated, lowered the key rate by 25 basis points. The key rate is now 7.5 %. The CBR said their d...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2019
Retirement age hike approved in Russia
Russia Retirement age hike approved in Russia On September 27, the Duma, the lower house of the parliament, approved the third reading of a bill to raise the general retirement age by five year...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2018
Russia's economic recovery stumbles again
Russia Russia's economic recovery stumbles again The Russian economy performed at least slightly better in the first quarter ofthis year overall compared to the halt of growth in the second half...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2018