Reposition
The Bank of Russia aka The Central Bank of the Russian Federation was founded in 1860 and based in Moscow. The primary function of the Bank of Russia is manage the ruble and ensure it stability promote the development and strengthen the Russian banking system, the development of the national payment system, develop the financial market of the Russian Federation and ensure its stability..
Bank of Russia - Recent News & Articles
Inflation in the euro area rose from 1.7% to 2% in October, flash figures showed Thursday, coming in slightly higher than the 1.9% forecast. Core inf...
In a significant move to counteract international sanctions and reduce dependency on the global financial system Swift, Russia has called on BRICS nat...
The European Central Bank on Thursday cut its key interest rate to 3.25%, in its third quarter-percentage-point reduction of the year. The move had be...
China's central bank said on Thursday it would start accepting applications from financial institutions to join a newly created funding scheme, initia...
The Impact of Two Consumer Classes and the Fed Funds Rate Outlook
After months of business leaders and economists urging action, the People’s Bank of China (PBoC)—the central bank of the world’s second biggest econom...
Investing.com -- The Federal Reserve may need to implement more aggressive rate cuts as recent data reveals a concerning trend in the labor market, ac...
A week’s worth of inflation data showed that price pressures have eased substantially since their meteoric rise in 2021-22. Fed officials head into th...
The U.S. government is on track to spend more than $1 trillion on interest payments this year, surpassing military spending for the first time in hist...
Launched in July 2023, the Federal Reserve's FedNow service has been a game-changer in the U.S. payments landscape. With over 900 financial institutio...