Russia’s financial sector is changing as new infrastructure and development projects materialise, overseas funding is provided to friendly nations, and the landscape changes as regards use of currencies into addition to shifts in the way in which capital is used, from QR codes to Crypto all driving new regulatory and Central Bank guidelines. Navigate Russia’s financial landscape. Get analysis on the banking sector, investment mechanisms, currency exchange, and capital markets for businesses operating and investing in Russia.
A ceremony to pour the first concrete for the Paks II nuclear power plant in Hungary has taken place, according to Rosatom, the Russian state corporation carrying out the project. They stated that “The first concrete for the reactor building’s foundation marks the facility’s transition to the status of ‘nuclear power plant under construction’ according […]
Gazprom’s CEO Alexei Miller has been discussing collaboration in existing and prospective projects with China National Petroleum Corporation (CNPC) Board Chairman Dai Houliang in Beijing, according to Gazprom. A company statement says, “The reliable operation of the Power of Siberia gas pipeline, the eastern route, was particularly noted. Gas supplies via the pipeline totaled 38.8 […]
Commercial gold reserves at deposits in Russia grew by 614 tonnes in 2025, the Natural Resources Ministry has stated. At current (February 2026) prices for gold, these additional reserves are worth about US$97 billion. The top three deposits by reserves growth were the Fyodorovsko-Kedrovskoye deposit in Khakassia, with reserves of 21.7 tonnes of gold and […]
The United Arab Emirates is discussing involvement in the Russian state atomic energy corporation Rosatom’s projects in third countries, including Turkiye, as an investor, according to Rosatom CEO Alexei Likhachev. He has stated that “We’re actively inviting our UAE partners to our projects in third countries, and they’re displaying an interest in projects in Central […]
Russia boosted gold imports to Hong Kong 42% year-on-year to 92.1 tonnes and double in value to HK$82 billion (US$10.5 billion) in 2025, according to data from the Bureau of Statistics of the Hong Kong Special Administrative Region of China. Chinese customs data indicate that gold imports from Russia to mainland China jumped 15-fold to […]
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The St. Petersburg International Mercantile Exchange (SPIMEX) is preparing for trading in platinum bullion, SPIMEX president Igor Artemyev has stated, and is collaborating with Norilsk Nickel on the matter. The Russian Ministry of Finance also has a specific interest in organizing the trading, though legislation will be required to permit such trade. Artemyev said, “We […]
Moscow is ready to contribute to US President Donald Trump’s ‘Board of Peace’ initiative, President Vladimir Putin told the Russian Security Council on Wednesday (January 21). He suggested donating the required US$1 billion membership fee to the body out of the Russian assets frozen in the US to support the recovery of the Palestinian enclave. […]
Russia’s Okto Group are negotiating with their fellow Russian mining company Nordgold to purchase a gold mine in Burkina Faso, West Africa. The deal amount for the sale of Nordgold’s assets in Burkina Faso is estimated at being over US$1 billion. According to the latest disclosed data (for 2021), the combined production of Nordgold’s mines […]
The new threats by US President Donald Trump to place an additional 25% tariffs on European exports entering US markets emphasize just how naïve European politicians have been when it comes to international diplomacy and foreign affairs. In threatening such measures should the EU (and specifically Denmark) do not agree to cede Greenland to the […]
The Moscow Arbitration Court has granted the application of the Central Bank of Russia (CBR) to consider the regulator’s lawsuit against the Belgian depository Euroclear for €200 billion in a closed court session. The decision was confirmed on Friday (January 16). A statement issued by the bank read, “The Central Bank of Russia requests to […]
In 2025, Russia-China trade entered a new and more complex phase. After four consecutive years of uninterrupted expansion, bilateral trade turnover declined for the first time since the covid pandemic in 2020. According to Chinese customs data cited by Russia’s Trade Representative to China Alexey Dakhnovsky, two-way trade fell by 6.9% year-on-year, reaching US$228.105 billion. […]
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