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The Ministry of Economic Development and the Central Bank of Russia are joining efforts to optimize investments of natural monopolies
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. These measures are aimed at increasing the efficiency of using funds in key sectors of the economy, such as energy, transport and communications....
Russia Launches Independent Gold Exchange: An Alternative to LBMA and a Step Towards Dedollarization
... will offer two types of gold bars: metric bars weighing 1 kg and standard bank bars weighing approximately 12 kg. To facilitate settlements and metal delivery, the exchange is engaging a Supply and Storage Center that is undergoing accreditation by the Bank of Russia to obtain the status of a commodity delivery operator.
Trade Backed by Real Gold
Unlike traditional paper contracts and derivative instruments, the new platform is focused on transactions involving physical precious metals. All contracts executed ...
Investing in Precious Metals - Is It Worth It?
On the eve of new sanctions being introduced, the Central Bank of Russia has acquired a record amount of gold. Many are puzzled as to the purpose of this action. Is it really worth investing your assets in precious metals?
On the eve of the introduction of yet another package of sanctions, the Central Bank of Russia ...
What is Inflation in Simple Terms: Understanding its Impact on Russian Lives
... certain supplies.
Impact of the ruble's exchange rate.
Due to the depreciation of the ruble, imported goods have become more expensive, intensifying inflationary pressure.
Increase in the key rate by the Central Bank.
To combat inflation, the Central Bank of Russia has raised the key rate to 13%, making loans more expensive to reduce consumer demand and stabilize prices.
How Inflation Affects Daily Life
Reduced purchasing power:
People can afford fewer goods for the same amount of money. This is particularly ...
Business Loan: How to Choose and Get Financing Wisely
... places value a positive history more, others value the presence of collateral, and some are ready to work even with very young companies, especially if there is government support. Therefore, it makes sense to simultaneously submit applications to 2-3 banks to increase the likelihood of success (just make sure that in your credit history this does not look like chaotic debt accumulation).
Use government support. In Russia, there are various programs to help small and medium-sized businesses: interest rate subsidies, grants, guarantee funds. Find out what opportunities there are at local entrepreneurship support centers or SME development funds. If your project meets ...