CBR lowers key rate
Russia CBR lowers key rate The Central Bank of Russia lowered its key rate by 50 basis points to 5.5 % on April 24. The CBR further signalled that it would consider another rate cut at its next...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2020
Ukraine’s private creditors accept debt restructuring
Ukraine’s private creditors accept debt restructuring Ukraine’s private creditors voted on October 14 to accept the debt restructuring negotiated earlier. Under the deal, creditors agreed to write do...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2015
Slightly lower growth in Russian bank lending
Russia Slightly lower growth in Russian bank lending The credit stock of Russian banks grew by 6 % in nominal terms last year, down from 12 % growth in 2018. The most notable slowdown was ...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2020
Russian state plays an ever-increasing role in directing investment
Russia Russian state plays an ever-increasing role in directing investment President Putin's 2018 May Decree included the goal of raising the investment-to-GDP ratio to 25 % by 2024. Deputy fina...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2018
Changes in financing of Russian housing construction
Russia Changes in financing of Russian housing construction Under a change in the law since July 1, construction firms may no longer finance their construction activity by selling unfinished apartme...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2018
Putin wins Russian presidential election as expected
Putin wins Russian presidential election as expected Russia’s sitting president garnered 77 % of the national vote last Sunday (Mar. 18), while his regional performances ranged from 65 % in Russia’s ...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2018
Role of the Russian state in banking sector continues to expand
Russia Role of the Russian state in banking sector continues to expand Three systemically important banks were placed under central bank administration last year. Additionally, a total of 63 credit ...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2018
Russian central bank lowers key rate to 9.5 %
Russia Russian central bank lowers key rate to 9.5 % Based on data from May and early June, the Bank of Russia’s executive board concluded on June 10 that a 150-basis-point rate cut was appropr...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2022
Russian imports recover to nearly same level as a year ago
Russian imports recover to nearly same level as a year ago Preliminary balance-of-payments figures released by the Central Bank of Russia show that Russia’s spending on imports of goods and services ...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2016
Fall in Russian imports begins to moderate
Fall in Russian imports begins to moderate The value of goods imports in January-March contracted 15 % y-o-y to just under $40 billion. The contraction in imports slowed considerably in all main prod...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2016
Tepid performance for Russian foreign trade in 2019; capital flows closer to balance
Russia Tepid performance for Russian foreign trade in 2019; capital flows closer to balance Preliminary balance-of-payments figures from the Central Bank of Russia show that revenues from exports of...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2020
Call for Visiting Researchers
visiting researchers programme BOFIT Visiting Researcher Programme's application period is open! Call for autumn/winter 2026 BOFIT Visiting Researchers scheme enables academics and researchers t...
Bofit.fi / Bofit homepage / BOFIT / News / 2026
CBR announces timetable for digital ruble rollout
Russia,economy,BOFIT Weekly Review CBR announces timetable for digital ruble rollout With the widescale adoption of electronic payments and commercial cryptocurrencies, central banks around the worl...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2025
Russian foreign trade development remains muted
Russia Russian foreign trade development remains muted The value of Russian goods exports contracted by 5 % y-o-y in the first nine months of this year to a level of 390 billion dollars. The co...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2019
Russian imports on the rise; modest capital flows
Russia Russian imports on the rise; modest capital flows Preliminary balance-of-payments figures from the Central Bank of Russia show that the value of Russian imports of goods and services in dolla...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2019
As the ruble weakens, Russian import spending growth lags export earnings growth
Russia As the ruble weakens, Russian import spending growth lags export earnings growth In the third quarter of this year, the total value of Russian goods exports in dollar terms was 31 % larg...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2018
No signs of improvement for the Russian economy
#Russia No signs of improvement for the Russian economy Rosstat reports that industrial output contracted by 2 % y-o-y in January-February. Mining & quarrying production fell by 3.1 %,...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2023
National Welfare Fund again close to 12 % of Russian GDP
Russia National Welfare Fund again close to 12 % of Russian GDP At the end of 2020, Russia’s “excess” earnings on energy and higher share prices boosted the value of the National Welfare Fund t...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2021
CBR launches English-language research paper series
CBR launches English-language research paper series The central bank’s new Working Paper Series includes papers on inflation indicators, functioning of the loan markets and modelling of the Russian e...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2015
Russian first-quarter growth supported by extractive sector and certain service-sector branches
Russia Russian first-quarter growth supported by extractive sector and certain service-sector branches The latest Rosstat figures show Russia’s seasonally adjusted gross domestic product in the firs...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2019