Central Banks News on Fiat Reporter

Participants in the pilot program for the digital ruble, including individuals and companies from over 150 localities in the Russian Federation, have opened approximately 2,500 wallets and conducted about 100,000 transactions on the digital ruble...

The Bank of Russia has released the results of its June 2025 monitoring of maximum interest rates on deposits in Russian rubles.

Outstanding mortgage loans for households saw a modest increase of 0.3% in May, maintaining a level close to that of April.

The Bank of Russia has outlined its strategy for transactions in the domestic foreign exchange market concerning the National Wealth Fund (NWF) resources for the second half of 2025.

The microfinance market has experienced a slight downturn in lending activities during the first quarter of 2025.

The second issue of the Russian Journal of Money and Finance for 2025 has been released.

The Bank of Russia is set to enhance its supervisory assessment tools for evaluating banks, particularly their economic situation.

The Bank of Russia has proposed new deadlines for the full-scale introduction of the digital ruble, with a phased approach to its implementation.

In June 2025, a survey conducted by InFOM revealed that the inflation expected by households for the coming year was estimated at 13.0%, a slight decrease from 13.4% in May 2025.

In May, 59 out of 85 Russian regions experienced a slower increase in prices compared to April, with six regions witnessing a decrease.

The annual growth of credit to the economy has slowed, decreasing from 12.4% in April to 10.9% in May.

Senate Banking Committee Chairman Tim Scott has expressed his commitment to legislative efforts aimed at reducing waste and duplication within the federal government.

On June 21, 2025, the Bank of Russia will perform maintenance on its website.

The recent publication outlines the main points of discussion regarding the economic situation, inflation, monetary and external conditions, and options for the key rate decision.

Around 10% of Russian households have clearly opted for cashless payments, while nearly the same percentage—9%—only paid in cash.

Senate Banking Committee Chairman Tim Scott expressed approval for President Donald Trump's endorsement of the Guiding and Establishing National Innovation for U.S. Stablecoins (GENIUS) Act.

The Bank of Russia has reported a decrease in its Business Climate Index, which stood at 2.9 points in June compared to 4.8 points in May.

The Bank of Russia has released the June 2025 results of its monitoring of maximum interest rates on deposits in Russian rubles for the top ten credit institutions.

In May 2025, the monthly price growth, when seasonally adjusted, slowed to 4.5% in annualized terms.