Russian economy
RF is actively selling off gold reserves to cover budget deficit
Due to a budget deficit caused by high war expenditures and a drop in oil and gas revenues, the RF has begun to massively spend its state gold reserves. According to intelligence, physical volumes of metal in the Central Bank of the RF’s vaults have…
other materials in the section Russian economy
Annual inflation in Russia exceeds 7% following utility tariff hikes
Annual inflation in Russia has exceeded 7% following the latest increase in utility tariffs, requiring carefully calibrated decisions on the key interest rate.
Moscow City Hall admits inability to protect refineries from drone attacks
Moscow authorities are working on scenarios regarding the inability to secure city oil refineries from drone strikes. Officials also forecast a rise in bankruptcies due to attacks on Wildberries infrastructure.
Russian government bonds fall after a series of strikes on refineries
On August 18 trading, the RGBI index of Russian government bonds hit a monthly low, falling to 113.27 points. The decline in the Russian sovereign debt market follows a new wave of Ukrainian drone strikes on oil refineries.
MOEX Index fell by 4.29% on August 14, 2026
The Russian stock market experienced its most significant daily decline in the last four years on August 14. The MOEX Index fell by 4.29%, and the market lost approximately 250 billion rubles in capitalization.
Cyber specialists attacked Wildberries digital infrastructure
Specialists from the Cyber Corps community, in a joint operation with the GUR on August 10-11, conducted a cyberattack on the digital resources of the Russian marketplace Wildberries. As a result of the interference, the company experienced serious…
