Central Bank of Russia
New 2-ruble silver coin honors sculptor Stepan Erzya
The Bank of Russia will issue a 2-ruble silver commemorative coin on September 8, 2026, marking the 150th anniversary of the birth of sculptor Stepan Erzya.
Focus
Single data portal to centralise official statistics by 2030
The Bank of Russia has approved development guidelines through 2030 to overhaul access to its statistical data.
Payment volume expands 12.8 percent to 491.5 trillion rubles
Total transaction turnover in Russia rose 12.8 percent to 491.5 trillion rubles across 32.1 billion operations in the second quarter of 2026.
Latest
Tail risks in Russian inflation expectations ease from late 2025
A Bank of Russia working paper finds that Russian inflation expectations have become more anchored since late 2025 as households assign lower probabilities to extreme inflation outcomes.
Russia and Belarus central banks align on 2027–2029 treaty
The Interbank Currency Council of the Bank of Russia and the National Bank of Belarus held its 64th meeting in the Altai Republic on September 3, 2026.
Consumer spending expands moderately as regional output diverges
Consumer activity across most Russian macroregions expanded at a moderate rate in July and August 2026, driven by retail sales of durable goods.
More Topics
Bank profits hit 2.3 trillion rubles as corporate credit expands
Russian banks generated 2.3 trillion rubles in net profit during the first half of 2026, up 36 percent year-on-year, according to the Bank of Russia.
Foreign cash withdrawal limits extended to March 2027
The Bank of Russia has extended restrictions on foreign cash withdrawals for another six months until March 9, 2027.
Underlying inflation accelerates as H1 GDP rises 0.6 percent
Russian underlying inflation pressures rose across July and August despite transitory supply shocks, while preliminary first-half GDP grew 0.6 percent.
Zabotkin projects key rate at 10.5 to 12.5 percent for 2027
Bank of Russia Deputy Governor Alexey Zabotkin presented the draft Monetary Policy Guidelines for 2027–2029 on August 31. The baseline forecast projects the key rate at 13.7–14 percent in late 2026 and 10.5–12.5 percent in 2027 to return inflation to 4 percent.
Pension assets reach 9.9 trillion rubles as OFZ purchases double
Total Russian pension assets expanded 2.5 percent quarter-on-quarter to exceed 9.9 trillion rubles in the second quarter of 2026.
Developer loans rise 5.6 percent to 10.8 trillion rubles
Bank lending to Russian housing developers increased by 5.6 percent in the second quarter of 2026, bringing the project finance portfolio to 10.85 trillion rubles.