Russia announces ratification of the Paris climate accord
Russia Russia announces ratification of the Paris climate accord Russia is the world’s fourth-largest emitter of greenhouse gases (GHGs) after China, the United States and India. Russia signed on to...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2019
Capital amnesty law put to a test in Russia
Russia Capital amnesty law put to a test in Russia With many Russians believed to have moved assets out of the country to avoid taxes or hide wealth from the authorities, the government introduced a...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2019
Russia commences pipeline transmission of natural gas to China
Russia Russia commences pipeline transmission of natural gas to China On Monday (Dec. 2), presidents Vladimir Putin and Xi Jinping celebrated the commissioning of the Power of Siberia natural gas pi...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2019
BOFIT Forecasts for Russia and China 2021–2023 / 2
Russia,China,forecast Forecast for Russia Forecast for China https://youtu.be/hHBfFr4p68I https://youtu.be/w2tc4f0jDvc BOFIT Forecasts for Russia and China 2021–2023 russia The forecast for the ...
Bofit.fi / Bofit homepage / BOFIT / News / 2021
Rapid growth in use of payment cards in Russia
Russia Rapid growth in use of payment cards in Russia The use of new forms of electronic payments has increased rapidly in Russia, and the Central Bank of Russia has clearly indicated its intention ...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2019
Central Bank of Russia keeps key rate unchanged
#Russia Central Bank of Russia keeps key rate unchanged On December 16, the CBR decided to keep the key rate at 7.5 %. The decision was generally expected by market analysts. Inflation peaked i...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2022
Russia and the US holding off on new sanctions
Russia Russia and the US holding off on new sanctions Russia has extended the process of handling a draft law that would impose new sanctions on the United States and possibly other countries. The l...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2018
Russia’s economic contraction last year mitigated by government spending
#Russia Russia’s economic contraction last year mitigated by government spending Rosstat last week released its first assessment of Russian GDP in 2022. According to its preliminary estimate, Russia...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2023
Ruble plummets as Russia’s current account surplus evaporates
Ruble plummets as Russia’s current account surplus evaporates The ruble’s exchange rate in August reached its lowest reading against the US dollar since spring 2022. The official ruble-dollar exchang...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2023
Foreign currency sovereign credit ratings on Russia upgraded
Foreign currency sovereign credit ratings on Russia upgraded Standard & Poor's last week raised its rating of Russian sovereign foreign bonds to investment grade (BBB-). The earlier junk-grad...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2018
EU and US further expand economic sanctions on Russia
#Russia EU and US further expand economic sanctions on Russia On December 16, the EU approved its ninth round of economic sanctions targeting Russia for its illegal war against Ukraine. The assets o...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2022
Moderate net outflow of private capital from Russia
Russia Moderate net outflow of private capital from Russia Moderate net outflow of private capital from Russia During thefirst three quarters of this year, the net outflow of private capital from R...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2017
Gas dispute between Russia and Ukraine continues to flame
Russia Gas dispute between Russia and Ukraine continues to flame Gas dispute between Russia and Ukraine continues to flame The Stockholm arbitration court ruled last week (Feb. 28) on gas transit f...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2018
Russia’s National Welfare Fund continues to grow
Russia Russia’s National Welfare Fund continues to grow The value of the assets in the National Welfare Fund (NWF) stood at $182.6 billion at the end of 2021. In the official reporting, which uses l...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2022
Russia and China strive to increase their bilateral trade
Russia Russia and China strive to increase their bilateral trade As part of the February 4 meeting of presidents Vladimir Putin and Xi Jinping at the opening of the Beijing Winter Olympics were sign...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2022
Growth of Russia’s banking sector has stalled
Growth of Russia’s banking sector has stalled Household deposits held by banks increased at a brisk pace last year and the early months of 2016. More recently, however, the stream of household deposi...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2016
Russia approves anti-corruption plan for 2021−2024
Russia Russia approves anti-corruption plan for 2021−2024 In August, president Vladimir Putin issued a decree requiring numerous authorities at the federal, regional and municipal levels to adjust t...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2021
Russia approves strategy for reducing greenhouse gas emissions
Russia Russia approves strategy for reducing greenhouse gas emissions Issues related to climate change have recently gained prominence in Russia’s economic policy discussion. Much of the conversatio...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2021
Finnish exports to Russia finally on the rise
Finnish exports to Russia finally on the rise After contracting for 14 consecutive quarters in annual terms, thevalue of goods exports rose 6 % y-o-y in 4Q16. Fastest growth was recorded for metals e...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2017
China’s exports to Russia continued to rise in October
Russia China’s exports to Russia continued to rise in October The value of Chinese goods exports flowing to Russia declined sharply last spring following Russia’s attack on Ukraine, but it has recov...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2022