News
Russia’s Agriculture Ministry confirms forecast for grain exports at least at 65 mln tons
At the end of November, Patrushev announced that Russia could export more than 65 mln tons of grain based on the results of the current season.
Business in Russia
China, UAE, Brazil - main directions for developing Russia’s fish exports in 2024
Head of the Federal Fisheries Agency Ilya Shestakov highlighted the need to diversify exports and increase interaction between companies and local representatives of the foreign department of the Russian Ministry of Agriculture.
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Russian producers bring buckwheat, curd snacks to Food Africa exhibition
The companies have 170 planned meetings with potential partners, a representative from the Russian Export Center says.
Business in Russia
Industrial production in EAEU up 3.7% in January-October
Production grew in Belarus by 8%.
Business in Russia
Five Russia’s Arctic zone airports to be reconstructed by end of 2024
Pevek, Arkhangelsk and Chersky - will be commissioned this year, while two airports - Murmansk and Berengovsky will be commissioned next year.
Business in Russia
Russian finance minister says inflation in 2024 projected at 4.5%
Earlier, the Economic Development Ministry pointed out that it maintained its inflation forecast at the end of 2023 at 7.5%.
Business in Russia
Annual inflation in Russia down to 7.52% — Economy Ministry
It is reported that the price hike was 1.94% for fruits and vegetables.
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Brent price drops to $77 per barrel on ICE first time since November 16
At the same time, futures for WTI oil with January delivery decreased by 1.33% to $72.08 per barrel.
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Bank of Russia calls factors of recent ruble strengthening fundamental
There was a small decrease in importer demand for foreign currency, the regulator said.
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Average maximal interest rate on ruble deposits reach 13.64% in late November
Deposit interest rates are monitored by the regulator in Sberbank, VTB, Gazprombank, Alfa-Bank, the Credit Bank of Moscow, Tinkoff Bank, Sovcombank, Bank FC Otkritie, Promsvyazbank, and the Russian Agricultural Bank.
Business in Russia