Bank of Russia Governor Elvira Nabiullina stated that the central bank will consider cutting interest rates at its next meeting if the current economic trends continue.
However, she emphasised that such a move is not guaranteed and will be made cautiously based on data.
Nabiullina also reiterated the bank’s opposition to the use of cryptocurrencies for domestic payments. She described cryptocurrencies as volatile and risky assets, noting that while their use in foreign economic activities—particularly as investment instruments—is permitted, the Bank of Russia does not intend to invest in cryptocurrencies itself.
It is worth noting that on 6 June, the Bank of Russia cut its policy rate from 21% to 20%, marking the first reduction since September 2022.
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Democrat wins surged on Tuesday across the United States with stunning victories in the South Carolina, Texas and Ohio senate races -- traditionally Republican strongholds -- in the 3 November midterm elections.
From international reporting and investigative documentaries to global forums and digital innovation, AnewZ marks two years of connecting Azerbaijan and the wider world.
Democrats captured majorities in both chambers of Congress on Tuesday, scoring sweeping victories that reached into Republican strongholds, with millions of voters delivering a strong rebuke to President Donald Trump.
U.S. President Donald Trump says Washington will end its annual financial and military aid to Israel by the end of 2026, under an agreement he claims to have reached with Israeli Prime Minister Benjamin Netanyahu.
Iranian parliament speaker Mohammad Bagher Ghalibaf says the U.S. must act to prevent war after Tehran sent a “strong and rational response” to Washington. Meanwhile, U.S. forces have reportedly carried out limited strikes against Iranian targets, including Qeshm Island,
Uzbekistan has launched 145 investment projects worth $7.8 billion in its Bukhara region, aiming to create more than 14,000 jobs, boost industrial production and exports, and drive economic growth beyond the capital, Tashkent.
Iran and the United States remains far from a deal to end the conflict as tensions rise over the Strait of Hormuz. Following Republican losses in U.S. midterm elections, Tehran says Americans have rejected the war, while Qatar intensifies mediation efforts to prevent renewed escalation.
A century-old collection of postcards is bringing the human stories behind Azerbaijan's oil boom to life in a new documentary produced by AnewZ in partnership with the State Oil Company of the Republic of Azerbaijan (SOCAR).
A new book examining Azerbaijan’s military strategy, technology and operations during the Garabagh wars has been unveiled in Baku, offering insights into the country’s victories and lessons for modern warfare.
Iranian parliament speaker Mohammad Bagher Ghalibaf says the U.S. must act to prevent war after Tehran sent a “strong and rational response” to Washington. Meanwhile, U.S. forces have reportedly carried out limited strikes against Iranian targets, including Qeshm Island,
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