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Report: Russia Doubles 2023 Defense Spending to over $100 Billion

A Russian government document shows military spending doubling to over $100 billion for 2023 as the invasion of Ukraine grinds on.

Russian inflation above 4% target for first time since March - econ ministry

Russia s annual inflation crept back above the central bank s 4% target in the week to July 24 for the first time since late March, the economy ministry said on Wednesday. The Bank of.

Russia to restart FX interventions next month based on rainy day funds

Russia s central bank said on Friday it would resume foreign exchange interventions based on its National Wealth Fund investments from Aug. 1, in addition to mirroring the finance ministry s.

Russia to Restart FX Interventions Next Month Based on Rainy Day Funds

Russia to Restart FX Interventions Next Month Based on Rainy Day Funds
usnews.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from usnews.com Daily Mail and Mail on Sunday newspapers.

Explainer-What are Russia s options for managing its widening budget deficit?

(Reuters) - As Russia's military spending soars and sanctions squeeze its energy revenues, Moscow faces a battle to keep its budget deficit in check, with few economists now expecting the finance ministry to stick to its promise of a deficit no higher than 2% of GDP. | 08:12am

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