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.
The UK government has advised its citizens against travelling to Afghanistan, citing tensions between Pakistan and the Taliban led government....
Leaders including Ukraine's Volodymyr Zelenskyy arrived at The Hague on Tuesday to launch an International Claims Commission to compensate Kyiv for hu...
As Prime Minister Narendra Modi embarks on his diplomatic tour to strengthen bilateral ties with Oman, Ethiopia, and Jordan, the significance of these...
Azerbaijan has long understood the importance of fostering strong relations with its Central Asian neighbours as the country is strategically located ...
European Commission President Ursula von der Leyen highlighted key developments in the ongoing peace efforts to end the war in Ukraine, stressing the ...
The UK government has advised its citizens against travelling to Afghanistan, citing tensions between Pakistan and the Taliban led government.
As Prime Minister Narendra Modi embarks on his diplomatic tour to strengthen bilateral ties with Oman, Ethiopia, and Jordan, the significance of these relationships cannot be overstated.
President Donald Trump has filed a defamation lawsuit against the BBC over edited footage of a speech that made it appear he encouraged supporters to storm the U.S. Capitol 6 January 2021, marking an international extension of his ongoing battle against media coverage he deems inaccurate or biased.
Azerbaijan has long understood the importance of fostering strong relations with its Central Asian neighbours as the country is strategically located at the crossroads of Eastern Europe and Central Asia.
Russia’s human rights commissioner, Tatyana Moskalkova, has said that Ukraine has not provided Moscow with a list of thousands of children it alleges were taken illegally to Russia, despite the issue being discussed during talks in Istanbul.
Syrian President Ahmad al-Sharaa has offered condolences to President Donald Trump following an ISIS attack near the ancient city of Palmyra that killed two U.S. soldiers and a civilian interpreter, Syrian and U.S. officials said Sunday.
At least 17 people, including students, were killed and 20 others injured after a school bus fell off a cliff in northern Colombia on Sunday, authorities said.
At least 37 people have been killed in flash floods triggered by torrential rain in Morocco's Atlantic coastal province of Safi, Moroccan authorities said on Monday (15 December).
At least 37 people have died and dozens of others were injured after flash floods swept through Morocco’s Atlantic coastal city of Safi on Sunday, authorities said.
Azerbaijan has long understood the importance of fostering strong relations with its Central Asian neighbours as the country is strategically located at the crossroads of Eastern Europe and Central Asia.
The European Union’s interest in investing in regional connectivity projects in the South Caucasus, such as the Trump Route for International Peace and Prosperity (TRIPP) is driven by a need for strategic credibility and a tangible foreign policy success, according to a regional expert.
Shadow Trade is an investigative documentary by AnewZ that examines how global sanctions imposed after Russia’s 2022 war in Ukraine have been weakened through informal trade routes, permissive transit regimes, and overlooked commercial practices.
Kazakhstan and Uzbekistan have signed a new agreement on the transportation of natural gas through Uzbek territory, strengthening bilateral energy cooperation and supporting regional energy security ahead of the winter season.
Kazakhstan is assessing the scale of damage and potential losses following a recent attack on infrastructure operated by the Caspian Pipeline Consortium, a key export route for the country’s oil.
You can download the AnewZ application from Play Store and the App Store.
What is your opinion on this topic?
Leave the first comment