... coins, but exclusively in digital format. In simple terms, it is money that is stored not in cash, but on a special digital account. However, unlike electronic money, such as the funds on a bank card, the digital ruble is a currency created and directly ... ... achieve several objectives: Cost reduction: The digital ruble allows for a decrease in the costs associated with issuing and managing cash, as well as facilitating non-cash payments. It is a more economical way to circulate money. Combating the illegal ...

... environment for doing business. The ability to choose an exchange to assess the cost of production provides some flexibility in managing income. For cryptocurrency businesses Administrative responsibilities increase, which may require additional resources ... ... the tax burden stimulate the development of the crypto industry. Integration with the global market: The ability to take into account foreign exchanges makes the Russian cryptocurrency market more competitive. Recommendations for market participants For ...

... completely dissipated—US negotiations with several other partners (China, India) continue, and businesses in Europe still take into account the possibility of new barriers in the future. The macroeconomic situation in Europe is gradually deteriorating, although ... ... China, authorities are attempting to support the economy against clear signs of slowdown. The official manufacturing Purchasing Managers' Index (PMI) fell again in July below the threshold of 50 points (around 49.5), indicating a contraction in manufacturing ...

... exports by more than 200,000 barrels per day. However, these plans are only moderately supporting prices at present, as traders account for gradual growth in Venezuelan supply, while overall global oil inventories remain limited due to OPEC+ actions. Temporary ... ... confirming investors' confidence in the resilience of the US healthcare sector. Aon plc – the global giant in insurance and risk management showcased double-digit growth. Aon’s revenue in Q2 rose by 11% year-on-year (to $4.2 billion), and adjusted earnings ...

... weakening ruble does not spike inflation. Following a brief drop, the stock index quickly recovered, and bond yields had already accounted for the rate decrease. The initiated easing cycle generally creates favorable conditions in financial markets. Lending ... ... Monetary Policy Outlook The July reduction of the rate to 18%, according to most observers, is far from the last one this year. The management of the Bank of Russia has indicated that further decisions will depend on the trajectory of inflation, but given the ...