MOSCOW/LONDON The prospect of President Vladimir Putin staying in the Kremlin until 2036 does not seem to be deterring buyers of Russia's high-yielding sovereign bonds as investors focus on economic fundamentals and political stability rather the risk of policy stagnation.
MOSCOW The World Bank expects Russia's economy to shrink 6% this year, the most since 2009, under pressure from the coronavirus pandemic and falling oil prices, before returning to growth in 2021-2022.
MOSCOW Russia will continue cutting interest rates this year from already record-low levels as it faces a worsening economic contraction and subdued inflationary risks, according to a poll of economists and analysts released by Reuters on Tuesday.
MOSCOW Russia's central bank slashed interest rates on Friday to the lowest level since the collapse of the Soviet Union, pledging to consider the need for even lower rates amid waning inflationary risks and a shrinking economy.
MOSCOW Russia's central bank is expected to cut its benchmark interest rate by a deeper-than-usual 100 basis points on Friday, as the economy plunges into recession due to still-low oil prices and a lockdown aimed at curbing the spread of the new coronavirus.
MOSCOW The Russian central bank will continue cutting interest rates in 2020, as it faces a worsening economic contraction and lower inflationary risks, a Reuters poll showed on Friday.
MOSCOW Russia's stock market is forecast to continue recovering in 2020 after a double-hit from a drop in oil prices and the novel coronavirus, reaching fresh record highs in 2021, a Reuters poll of market experts showed.
MOSCOW, May 28 Russia's stock market is forecast
to continue recovering in 2020 after a double-hit from a drop in
oil prices and the novel coronavirus, reaching fresh record
highs in 2021, a Reuters poll of market experts showed.
MOSCOW Russia's industrial output shrank 6.6% in April, the first full month of a lockdown due to COVID-19, driven by a drop in the manufacturing sector, data showed on Thursday.
* Markets buoyed by signs of recovery in oil demand
(Adds detail, updates prices)