Bank of Russia
Banknotes: October to December 2024
A round-up of news and salient issues that have affected central bankers in the past three months
Russia’s tangled web of sanctions evasion
Central bank has been at heart of efforts to ensure continued payments from oil sales
Bank of Russia expands CBDC pilot
Central bank says second phase will involve far greater numbers of people and firms than initial stage
Banknotes: July to September 2024
A round-up of news and salient issues that have affected central bankers in the past three months
Russia launches payments moratorium for displaced citizens
Residents of regions affected by Ukraine’s counteroffensive can defer payments for up to six months
Bank of Russia hikes interest rates by 200bp
Labour shortage continues to grow under war economy
Iran and Russia connect payments systems, governor says
Move comes after central Asian banks and payments systems have cut ties to Mir
Russian central bank reacts to tighter US sanctions
Bank of Russia suspends some dollar trading as G7 countries consider moves against Chinese banks
Banknotes: April to June 2024
A round-up of news and salient issues that have affected central bankers in the past three months
G7 may use Russian asset profits to fund Ukraine
US asks European governments to agree money should back $50 billion loan
EU agrees to use Russian asset profits to support Ukraine
“This is not our decision, but a political one,” says Euroclear chief executive
Bank of Russia holds rates
Nabiullina hints at significant fiscal change and says “inflationary pressure” remains
Reserve managers brace for war
Geopolitical escalation could trigger inflationary and energy shocks, RMT survey finds
Banknotes: January to March 2024
A round-up of news and salient issues that have affected central bankers in the past three months
UK floats plan to seize Russian central bank assets
Foreign secretary says country is prepared to act without all its Nato partners
EU isolates frozen Russian central bank interest
European leaders are divided over using Bank of Russia assets to fund Ukraine’s defence
Russia to onboard 17 more banks in digital ruble trials
Central bank in talks with "friendly countries" to link with their CBDCs and payments systems
Russia hosts Brics talks over cross-border use of CBDCs
Summit takes place in Moscow with bloc’s new Middle Eastern and African members
Russian and Iran central banks increase co-operation
Sanctioned countries agree to use own currencies for trade as lenders set up credit line
Banknotes: October to December 2023
A round-up of news and salient issues that have affected central bankers in the past three months
Bank of Russia raises rates again
Nabiullina warns of “pro-inflationary risks” from increased government spending on war