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.
As geopolitical alignments across Eurasia continue to evolve, U.S. engagement in the South Caucasus is once again drawing attention, particularly in r...
Baku Energy Week 2026 has drawn to a close after three days of high-level discussions, negotiations and business engagement in Baku, bringing together...
Start your day informed with the AnewZ Morning Brief. Here are the top stories for the 4 June, covering the latest developments you need to know....
U.S. President Donald Trump acknowledged calling Israeli Prime Minister Benjamin Netanyahu “crazy” during a phone exchange over fighting in Lebano...
Three people have been killed and seven injured in Ukrainian strikes on Russia-annexed Crimea, according to Kremlin officials in the peninsula, as fi...
As geopolitical alignments across Eurasia continue to evolve, U.S. engagement in the South Caucasus is once again drawing attention, particularly in relation to Azerbaijan, Armenia, and the broader regional peace process.
Baku Energy Week 2026 has drawn to a close after three days of high-level discussions, negotiations and business engagement in Baku, bringing together policymakers, industry leaders and international investors to shape the future of global and regional energy markets.
Start your day informed with the AnewZ Morning Brief. Here are the top stories for the 4 June, covering the latest developments you need to know.
Three people have been killed and seven injured in Ukrainian strikes on Russia-annexed Crimea, according to Kremlin officials in the peninsula, as fighting between Russia and Ukraine continues.
Severe Tropical Storm Jangmi brought heavy rain, power cuts and transport disruption across Japan on Wednesday (3 June) as it tracked towards the greater Tokyo region.
Police officers were pelted with missiles during violent clashes at a protest near the Southampton, UK, home of convicted murderer Vickrum Digwa, as anger continued to grow over the handling of the fatal stabbing of 18-year-old Henry Nowak.
Thousands of people have taken to the streets in Albania in recent days to protest against a luxury tourism project linked to Jared Kushner, the son-in-law of U.S. President Donald Trump, and his wife Ivanka Trump.
An Iranian drone and missile attack struck Kuwait International Airport early Wednesday, injuring several people, damaging Terminal 1 and forcing flight diversions, Kuwaiti authorities said.
Armenia’s parliamentary election comes at a defining moment for the South Caucasus, a region reshaped by the Garabagh conflict and broader shifts in Russia-West relations. The outcome is increasingly seen as a signal of Armenia’s future foreign policy direction and the regional balance of power.
Israel and Lebanon have agreed to implement a ceasefire after U.S.-backed talks in Washington. The deal requires Hezbollah to halt attacks and withdraw from southern Lebanon, while both sides will resume direct talks later this month aimed at reaching a broader agreement.
Baku Energy Week 2026 has drawn to a close after three days of high-level discussions, negotiations and business engagement in Baku, bringing together policymakers, industry leaders and international investors to shape the future of global and regional energy markets.
Afghanistan’s Deputy Minister for Counter-Narcotics has urged the United Nations Office on Drugs and Crime (UNODC) to expand support for legal livelihoods for farmers, saying such assistance is vital to preventing narcotics production and trafficking.
Turkish and Armenian leaders reiterated their commitment to normalising relations during a phone call on Tuesday, discussing plans to deepen cooperation and advance a long-stalled rapprochement process.
At least 21 people, including 18 foreign nationals, have died after a devastating fire swept through a hotel in India's capital, Delhi, on Wednesday. The blaze is among the deadliest fires recorded in the city since 2022.
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