We use cookies and other data for a number of reasons, such as keeping FT Sites reliable and secure, personalising content and ads, providing social media features and to analyse how our Sites are used.
Add this topic to your myFT Digest for news straight to your inbox
Metals oligarch tells FT of his ‘surprise’ at performance of economy in wake of invasion of Ukraine
Kremlin cites boosting ‘defence potential’ and integrating new regions for raising draft budget to $383bn
Businesses from ‘unfriendly’ countries have amassed more than $18bn in earnings since the start of the invasion of Ukraine
Beijing has pushed renminbi as alternative global currency to dollar
The Kremlin’s apparent aim is to tough it out and see if the political tide turns in the US elections
Session called after central bank rate rise fails to halt currency’s decline
Central bank lifts key rate to 12% as jitters grow over the economy and currency’s weaknesses
A weak currency offers an incentive to boost oil exports just when Saudi Arabia reduces supply
Policymakers at odds over how to deal with economic fallout from invasion of Ukraine
Central bank says it may raise interest rate as Russian currency weakens to 101 against dollar
Currency trades at its lowest level since the aftermath of Moscow’s full-scale invasion of Ukraine
Vladimir Putin’s confidential decree aims to give the Kremlin power to retaliate against European and US sanctions
Planned levy is expected to hit Russia’s metals and fertiliser industries the hardest
Misleading or suppressed official figures make it hard to assess Russia’s wartime economic record but strains are evident
Entities connected with mercenary leader Yevgeny Prigozhin continue to frustrate western efforts to choke off supplies
Finance minister Anton Siluanov tells Vladimir Putin that ‘all these discounts’ are to blame for 50% fall in revenue
Putin raises levies on oil and gas groups after G7 imposes price cap on Russian crude
European securities depository benefits from sharp rise in interest rates
Retail traders turn to dividend payers such as Sberbank and Lukoil
Kremlin builds ‘compensation fund’ in response to west’s ‘illegal expropriation of Russian assets’
The policy should be made to work better despite its design flaws
Shift away from using ‘toxic currencies’ for trade and reserves accompanies increase in yuan-denominated bank accounts
Goods crossing the border surged last year as sanctions stymied Moscow’s access to western markets
Kremlin overhaul targets $8bn of additional annual revenue by reducing market ‘discount’ on crude sales
Moscow sees trade with Beijing as way to bypass western sanctions and help win Ukraine war
International Edition
