The Bank of Russia has submitted its proposals for regulating cryptocurrency investments to the Russian Government, following instructions from the President of the Russian Federation.
In 2024, the floating-rate corporate bond market in Russia saw continued growth as expectations remained that monetary conditions would stay tight for an extended period.
The property development loan portfolio experienced a moderate growth of 2% in the fourth quarter of 2024, following a more substantial increase of 9% in the previous quarter.
The ruble experienced a 10.5% appreciation against the US dollar in February, driven by expectations of easing geopolitical tensions and increased net sales of foreign currency by exporters.
The Bank of Russia has decided to maintain restrictions on foreign cash withdrawals for an additional six months, extending the limitations until September 9, 2025.
The value of assets managed by management companies rose to ₽26.3 trillion in 2024, marking a 25.8% increase compared to the end of 2023, according to management companies.
In February, the amount of incoming payments processed through the Bank of Russia increased at a faster pace, surpassing the average for the fourth quarter of 2024 by 9.5%.
The Bank of Russia has released the February 2025 results of its monitoring of maximum interest rates on deposits in Russian rubles at the top 10 credit institutions attracting the largest amount of household deposits.