Economic growth – Page 2 – THE OVAL CIRCLE

Russian energy revenues forecast to soar

Posted on September 14, 2022September 14, 2022By Editor

Additional earnings are expected to reach $6.67 billion in September, the finance ministry says. … Read More >Russian energy revenues forecast to soar

Business

Russia’s gold & foreign currency reserves smash historic high

Posted on January 25, 2022January 25, 2022By Editor

The country now has the world’s fourth-largest forex holdings . … Read More >Russia’s gold & foreign currency reserves smash historic high

Asia & Pacific

China overtakes US in global wealth race

Posted on November 20, 2021November 20, 2021By Editor

China has overtaken the US as the nation which has amassed the biggest net worth as global wealth surges, a fresh report by McKinsey & Co suggests. … Read More >China overtakes US in global wealth race

Business

Russia stocks up as reserves rise to historic rate

Posted on November 18, 2021By Editor

Russia’s international reserves rose to an unprecedented $623.2 billion last month, setting a historic record, data released this week by the country’s Central Bank shows. … Read More >Russia stocks up as reserves rise to historic rate

Business

BRICS nations raise trade to pre-Covid highs

Posted on November 12, 2021November 12, 2021By Editor

The volume of trade between Moscow and BRICS member states grew by almost a third during the first eight months of this year in annual terms, amounting to $42.1 billion. … Read More >BRICS nations raise trade to pre-Covid highs

Business

Russia-China trade to smash all-time high this year despite Covid pandemic – Russian Export Center

Posted on November 3, 2021November 3, 2021By Editor

The Russian Export Center (REC) expects trade turnover between Russia and China to reach a record $130 billion in 2021, the head of the state institution Veronika Nikishina said during an online conference on Monday. … Read More >Russia-China trade to smash all-time high this year despite Covid pandemic – Russian Export Center

Business

Russia ramps up agricultural exports by almost 20% since January

Posted on November 1, 2021November 1, 2021By Editor

Supplies of Russian agricultural products abroad have risen since the beginning of the year, totaling $26 billion as of October 24, data by the AgroExport division of the country’s Ministry of Agriculture shows. … Read More >Russia ramps up agricultural exports by almost 20% since January

Business

Russian ruble on track for biggest monthly gain vs US dollar in 2021

Posted on October 29, 2021October 29, 2021By Editor

High oil prices and the central bank’s tough monetary policy have paid off for Russia, as the ruble is on track to post its largest monthly gain for the year against the US dollar. … Read More >Russian ruble on track for biggest monthly gain vs US dollar in 2021

Business

Russia’s foreign trade turnover may surpass pre-pandemic level – Federal Customs Service

Posted on October 24, 2021October 24, 2021By Editor

The volume of Russia’s foreign trade turnover from the start of 2021 amounted to $570 billion, data from the Federal Customs Service (FCS) shows. The department says the indicator may exceed the level of 2019 by year’s end. … Read More >Russia’s foreign trade turnover may surpass pre-pandemic level – Federal Customs Service

Business

Gazprom’s exports of natural gas approaching historic highs

Posted on October 19, 2021October 19, 2021By Editor

Russian energy major Gazprom’s gas supplies to non-CIS (Commonwealth of Independent States) countries increased by 13.1% since the beginning of the year to 152.2 billion cubic meters, the company said. … Read More >Gazprom’s exports of natural gas approaching historic highs