The Board of Directors of the Bank of Russia decided to raise the key rate by 10.5 percentage points from February 28 to 20% per annum. This should support financial and price stability and...
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4 Minutes
The dollar is already strong and is not going to stop
After the biggest drop in the US currency in the first half of the year in more than a decade, the actions of investors who are trying to protect themselves from falling stocks and...
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3 Minutes
The dollar stalled below the peak of two decades
The dynamics of the dollar depends on expectations regarding the upcoming Fed rate hike and fears of a recession in the global economy The US dollar hovered just above a weekly low on Tuesday...
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1 Minute
The euro jumped on information that the ECB is considering a 50 bp rate hike. this week
The euro rose to its highest level in nearly two weeks, and euro zone government bond yields jumped on Tuesday after a source said the European Central Bank would discuss a 25 or 50...
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1 Minute
Kizlyar brandy factory in the first half of the year increased exports by 1.6 times
In January-June 2022, the Kizlyar Brandy Factory JSC (KKZ) exported 3.9 thousand decalitres of products, 1.6 times more than a year ago, the plant’s general director Yevgeny Druzhinin told Interfax. He called the increase...
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1 Minute
X5 recorded the transition of Russians to a model of lean consumption
The population of Russia is switching to a model of lean consumption against the backdrop of a reduction in real incomes, said the largest retailer in the country in terms of revenue, X5 Retail...
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1 Minute
The Ministry of Agriculture reported an increase in wheat yield by almost 24%
The wheat yield in Russia this year is almost 24% higher than last year. According to the materials of the Ministry of Agriculture, which Interfax got acquainted with, as of July 14, the yield...
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1 Minute
Suburban shopping center „Akvilon” re-put up for auction
The Akvilon shopping center near Moscow in Orekhovo-Zuyevo is put up for re-bidding, the press service of the Russian Auction House reported. The mall is being sold due to the bankruptcy of ROST CAPITAL...
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1 Minute
The IMF will significantly worsen the forecast for the global economy in the July report
The International Monetary Fund will significantly worsen the forecast for the global economy in its July report, said Seyla Pazarbasioglu, Director of the IMF’s Strategy, Policy and Analysis Department. She is quoted by Bloomberg....
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1 Minute
ETH/USD Forecast: Ethereum Bounces Around Same Rectangle
The Ethereum market continues to bounce around while it is looking for some type of directionality. At this point, I think the market is more likely than not going to continue to be noisy, but...
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