Speaking at a press conference, ECB President Christine Lagarde suggested “liquid, secure and safe“ standards for central banks likely precluded Bitcoin as a reserve asset.
The European Central Bank’s reduction, the fifth consecutive cut since last summer, came a day after the U.S. Federal Reserve held interest rates.
Russia’s international reserves are highly liquid foreign assets available with the Bank of Russia and the Russian Government ...
The European Union's sanctions on vessels transporting Russian grain, along with Turkey's wheat import ban, impacted Russian grain exports at the end of 2024, the country's central bank said on ...
MOSCOW (Reuters) - Russian banks made record annual profits of 4 trillion roubles ($40.7 billion) in 2024, the central bank said on Thursday, as Russia's financial sector continued to rebound from ...
Russia appears to have overcome for now a deficit of yuan that led to a spike in short-term borrowing costs after the US ...
Sanctions targeting Russia's economy are renewed by the EU, with Hungary backing down from a veto that delayed the decision.
Hungary has stopped delaying the renewal of European sanctions on Moscow, which may have detrimental consequences on its relationship with Russia.
At the finish of last week, Mikhail Delyagin, an economist, deputy and spravoros, submitted two bills to the State Duma. They ...
Cyber specialists of the Main Intelligence Directorate of Ukraine have organized a large-scale Internet failure in Russia. As ...
On January 23, Russia launched two attacks on the regional capital, killing one person and wounding five others, including a ...
Russia managed to collect record revenues despite sanctions, but behind the impressive statistics lies a less favorable ...