... Central Bank of Russia has taken a significant step towards strengthening the country's currency market by purchasing the Saint Petersburg Currency Exchange. How will this affect currency transactions, what will the new platform give the Central Bank, and what prospects are opening up for Russian business? In this article, we examine the goals and consequences of the deal, and share our opinion on why this is important for domestic companies such as Open Oil Market. The Central Bank of Russia is acquiring the Saint Petersburg Currency Exchange: goals, consequences and prospects It has become known that the Central Bank of Russia has acquired the Saint Petersburg Currency Exchange (SPCE), which has attracted ...

The Ministry of Economic Development and the Central Bank of Russia have agreed to conduct a joint analysis and optimization of investment programs of natural monopolies.... ... the quality of life of citizens. Commentary from Sergey Tereshkin, founder of the commodity and raw materials marketplace OPEN OIL MARKET The initiative to optimize investment programs of natural monopolies is a timely and necessary measure. Efficient use ...

... financial results of AMD for the second quarter of 2025, as well as reports from BP and Ozon, will attract interest. These events may impact the stock market and investor... ... MSK. United States – ISM Non-Manufacturing Index (services) for July – 17:00 MSK. Oil (U.S.) – Weekly API report on crude oil inventories – 23:30 MSK. Global Markets:... ... Tuesday will see the release of a large block of Services PMI indices for July across key economies—from Asia to Europe. These indicators will provide insight into the state...

... Foreign Ministry assured that Budapest will never give up Russian oil and gas. Hungary, Serbia, and Slovakia hold on to Russian oil because it represents the most profitable option. "Firstly, the refineries are configured for Urals-grade Russian oil. Secondly, any alternative route would incur higher delivery costs, which is a crucial factor for smaller economies. Furthermore, both the Croatian port and the pipelines to Hungary and Serbia may not provide sufficient capacity if this becomes the only route for oil delivery. Additionally, the Hungarian company owns a refinery in Slovakia, thus having an interest in keeping both countries' refineries ...

... exclusively in electronic format. In this article, we will thoroughly explain why the digital ruble is being introduced, where and how it will be applied, and what advantages it will bring to citizens and businesses. Discover how this innovation will impact ... ... However, this also means that the government will be able to monitor citizens' spending. A conclusion from the founder of Open Oil Market The introduction of the digital ruble is an important step towards modernizing the Russian economy and financial system....