A strong rouble and low oil prices are set to widen Russia's budget deficit this year, adding to the pressure on it from ...

MOSCOW: The Russian rouble strengthened against the US dollar on Friday, receiving limited support from foreign currency ...

The BRICS economic bloc, comprising Brazil, Russia, India, China, and South Africa, has been accelerating efforts to ...

BRICS continues to develop a cross-border payment system that could ultimately accelerate de-dollarization and create ...

BRICS current members are Brazil, Russia, India, China, South Africa, Egypt, Iran, UAE, Saudi Arabia, Indonesia and Ethiopia.

BRICS+ economies are projected to control 50% of global wealth production. Yet, when the time comes to make bold moves, the ...

A Russian economist warns Moscow against developing a national strategic Bitcoin reserve, calling crypto stockpiles a ...

According to Anton Siluanov, Russia considers various financial innovations on the BRICS floor, including the cross-border payment system that can be based on national currencies ...

MOSCOW, March 26. /TASS/. The Russian budget deficit is still expected at the level of 0.5% of GDP in 2025, Finance Minister Anton Siluanov said in an interview with the Rossiya-24 TV Channel.

Building a financial infrastructure is very important for the development of trade and the economies of our countries," says ...

MOSCOW. March 26 (Interfax) - The National Wealth Fund (NWF) by the end of 2025 could be replenished by less than the planned 1.8 trillion rubles if the current external situation and the ruble ...

The Kremlin is considering privatizing public assets to strengthen the Russian economy as Western sanctions continue to ...