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.
The Russian State Development Corporation, VEB.RF, has provided the first tranche of ₽211 million (US$2.8 million) of a ₽17 billion (US$215 million) project for constructing a cable car between Blagoveshchensk in the Amur region and Heihe in China. It will become the world’s first cross-border cable car crossing, with immigration facilities on both sides. A […]
The Supreme Eurasian Economic Council (SEEC) meeting in St. Petersburg on December 21, 2025 was not an ordinary summit. It was a defining moment in the economic evolution of the Eurasian Economic Union (EAEU), one that affirmed its central role in shaping economic stability, trade connectivity, investment flows, and macroeconomic governance amid global turbulence. The […]
Introduction: Sanctions vs. Energy Reality Western sanctions were designed to weaken Russia’s economy by cutting off its most important source of revenue: oil and gas. The strategy assumed that restricting Russian energy exports would reduce state income, isolate Russian companies, and force Moscow to change its policies. Several years into this sanctions campaign, the results […]
The Russian President, Vladimir Putin, gave his annual Q&A session on Friday (December 19) in which members of the public as well as Russian and international journalists ask questions. Over 2.5 million people responded, with Putin taking a cross-section of these questions during a four-hour live session. Questions ranged from the Ukraine conflict, to social […]
The Moscow Stock Exchange (MOEX) intends to launch a stock index with securities selected by artificial intelligence (AI) in 2026, according to Viktor Zhidkov, the chairman of the trading platform’s executive board. He said that “We want to launch an index next year, where artificial intelligence will be used to form the calculation base. We […]
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Russia’s Fix Price Group is to enter the Serbian market in 2026, the retailer has stated, with the first stores open in Q1 next year. Fixed Price also said that it already has an office in Serbia and that a regional team has been assembled. The company has reported an increase in the number of […]
Japan, which holds about US$30 billion of frozen Russian assets, has refused to seize the Russian assets it holds and send them to Ukraine, despite pressure from the European Union to do so. Japan holds cash reserves that had been previously used to help fund bilateral trade, worth an estimated US$30 billion. Japanese Finance Minister […]
The first UAE-Russia Business Forum takes place today (December 10), in what promises to be a landmark event in the architecture of contemporary Eurasian connectivity. Organized by the Russia–UAE Business Council with the support of the Russian Ministry of Industry and Trade and coinciding with the 12th meeting of the Russia-UAE Intergovernmental Commission on Trade, […]
2025 has become a watershed in Russia-Oman relations. With Sultan Haitham bin Tariq’s historic April visit to Moscow, the first by an Omani ruler, ten agreements were sealed in trade, diplomacy, media cooperation, climate dialogue, and a mutual visa exemption programme. That visit, followed by the Russia–Oman Business Forum in Muscat on November 13, 2025, […]
Russia’s gold reserves have reached a record high, with values of US$310 billion, the Bank of Russia has stated. Gold is traditionally viewed as a hedge against inflation and currency fluctuations and broke the fundamental line of US$4,000 an ounce in October. In 2023, gold traded below US$2,000 an ounce. Russia’s gold reserves total an […]
The Russian President Vladimir Putin’s historic state visit to India (December 4-5), culminating in the 23rd India-Russia Annual Summit and the Russia-India Business Forum, marked a watershed in the two countries’ economic and strategic relations. A total of 29 intergovernmental, institutional, and sector-specific pacts and cooperation documents were signed, ranging from energy, trade, connectivity, and […]
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