Ruble’s rise slows following regulator’s decision to cut key rate to 14% per annum

Ruble’s rise slows following regulator’s decision to cut key rate to 14% per annum In particular, prior to the publication of the regulator’s decision, the yuan exchange rate stood at 11.47 rubles, according to data as of 1:25 p.m. Moscow timeMOSCOW, July 24. /TASS/. The ruble’s exchange rate slowed during trading on the Moscow Exchange following the Central Bank’s decision to cut the key rate to 14% per annum, according to trade data. In particular, prior to the publication of the regulator’s decision, the yuan exchange rate stood at 11.47 rubles (-9.35 kopecks), according to data as of 1:25 p.m. Moscow time (10:25 a.m. GMT). As of 1:30 p.m. Moscow time (10:30 a.m. GMT) the yuan exchange rate was down by 9.15 kopecks at 11.48 rubles. Bank of Russia cuts key rate to 14% per annumAccording to the regulator, measures of underlying inflation remain within the range of 4-5% in annualized termsRead moreFACTBOX: What is known about prevention of terror act against security officer in MoscowA woman was detained while she was planting an improvised explosive device under a security officer’s carRead moreAnchorage failure, promise fulfilled, US military aid to Kiev: Lavrov's statementsThe Russian foreign minister observed that the US has clearly shifted its stance on a Ukrainian settlementRead moreKremlin spokesman addresses US contact, nuclear non-proliferation, peaceful nuclear energyDmitry Peskov said that Russia and the United States maintain contact on Ukraine but it would be premature to say that efforts to resolve the conflict are being stepped upRead moreFormer Ukrainian soldier recounts story of his desertion, coming to RussiaAccording to Vladimir Lipka, while he was serving in the Sumy area, he saw Americans in the ranks of the Ukrainian armed forcesRead moreRussia to achieve its goals even if US joins EU in burying Alaska agreements — LavrovThe Russian foreign minister said that Russia prefers a political and diplomatic settlementRead moreUkraine repeatedly fails at International Court of Justice — Russian diplomatAccording to Anna Yevstigneeva, the International Court of Justice has managed to defend its independenceRead moreIran attacks US bases in Bahrain, Jordan with drones — armyIranian drones attacked fuel storage tanks, warehouses, large hangars with equipment, and deployment areas of the American terrorist army at Isa Air Base in BahrainRead moreMost Moldovans oppose unification with Romania, NATO accession — pollThe poll surveyed 1,015 respondents between July 10 and 20Read moreEU adds AFK Sistema to sanctions listsThe EU calls Sistema a large business conglomerate, without making any other accusations, except that it is a legal entity engaged in an industry that provides a significant source of income to the governmentRead moreUS sets import tariffs for Russia at 12.5% — documentThe tariffs will replace the temporary global tariffs on American imports that were introduced on February 24 for a 150-day periodRead moreIranian tanker passes through US blockade, entering Gulf of Oman — state televisionOn July 14, the United States renewed its naval blockade of IranRead moreUse of depleted uranium munitions to bring down Ukraine’s agro-exports — Russian militaryEarlier, the UK’s Minister of State for Defense Annabel Goldie said, in a written response to an inquiry by a member of the House of Lords, that the British authorities would provide Ukraine with shells containing depleted uranium, which were particularly effective against armored vehiclesRead moreRussia observing positive momentum in special military operation — KremlinDmitry Peskov said that Moscow is open to negotiationsRead moreNATO recon aircraft circling in Kaliningrad Region areaOver the past few months, air traffic controllers have recorded nearly a dozen similar flights of the Bombardier Challenger 650 Artemis II near the Kaliningrad RegionRead moreEU imposes 21st sanctions package, targeting individuals, companiesThe list includes, among others, Director General of ANO Dialog Vladimir Tabak, Public Chamber member Maxim Grigoriev, investment corporation Sistema, and FIDE President Arkady DvorkovichRead moreEU blacklists founders of FPV drone maker PiranyaThe company manufactures up to 10 000 drones monthly and the Russian Army views its products as being extremely valuable in its military operations, the document readsRead moreUkraine stands zero chance of EU membership, DPR head saysDenis Pushilin described Western pledges to admit Ukraine as an EU member as a way of manipulationRead moreZimbabwe joins BRICS New Development BankFinance and Economic Development Minister Mthuli Ncube said that it is a positive step in securing credit linesRead moreEU blacklists Indian branches of Russian banks VTB and SberbankAlso, the EU blacklist includes Indian companies Falcon Toolings, and Zepto Microwave and Chip Devices AssemblyRead moreEU blacklists businessman Mikhail Gutseriyev, Russian energy companiesOther blacklisted companies include Slavneft-affiliated Baikit Oil and Gas Exploration Expedition, Slavneft-Nizhnevartovsk, Obneftegazgeologiya and Tatneft-SamaraRead moreHuman rights advocates call US nuclear deal with Saudi Arabia extremely irresponsibleThe International Campaign to Abolish Nuclear Weapons urged Washington to reconsider its decision and the US Congress to ensure that "the strongest safeguards to prevent proliferation" are included in the agreementRead moreUS air campaign against Iran running out of steam — PoliticoAccording to the report, the conflict is unlikely to shift decisively without a major escalation, including the deployment of ground forcesRead moreAkkuyu project under Western pressure, affecting costs — Rosatom CEO"That is precisely why the issue of mitigating risks and improving the project's overall economic efficiency has become critically important," Alexey Likhachev saidRead moreFACTBOX: What is known about Russian forces’ group strikes on Ukrainian portsAccording to the Russian Defense Ministry, tanks with fuel and lubricants for the Ukrainian armed forces were struck at the port of OdessaRead moreIran rejects new US ceasefire proposal — NYTAccording to the newspaper, Iranian officials said Tehran was not interested in a temporary deal, which will leave the Strait of Hormuz issue unsolvedRead moreVenezuela being run by US Secretary of Energy — TrumpDonald Trump asserted that the US has a great relationship with VenezuelaRead moreEU blacklist for Russia up to 3,100 individuals, entities after 21st sanctions packageAll the measures introduced take effect immediately upon their publication in the Official Journal of the EURead moreDamage from Ukrainian forces actions exceeds $12.7 bln — Investigative Committee chiefAlexander Bastrykin added that efforts to assess the full scale of damage caused by Ukrainian forces are ongoingRead moreRussian stock market closes higher as major indices post gainsThe yuan edged up 2.85 kopecks to 11.573 rublesRead moreWashington administration officials plan to visit Russia — US Congress member LunaAnna Paulina Luna did not name these officialsRead moreCivilian infrastructure damaged during drone attack on St. PetersburgGovernor Alexander Beglov heads a crisis response center that coordinates first responders, utility workers and intra-departmental communicationsRead moreRussia’s Lavrov arrives in Kyrgyzstan to take part in meeting of SCO foreign ministersThe ministers are expected to discuss current issues of the international and regional agenda, including the situation in the SCO space, ensuring security and stabilityRead moreUS to retaliate against Iran for Houthi attacks — TrumpEarlier on Thursday, the Houthis fired ballistic missiles and drones at two oil tankers of the kingdom, which violated their naval blockade of Saudi ArabiaRead moreSpaceX again postpones its Starship test launchThe previous test launch took place in May, when SpaceX launched Starship S39, the premier prototype of the company’s third-generation spacecraftRead moreXi’s visit to US to begin on September 24 — TrumpThe US president visited Beijing on May 14-15Read moreSyrsky knew about shady procurement schemes, Germany unhappy with his dismissal — sourcesThe Russian military sources say that German Foreign Minister Johann Wadephul explicitly stated that he would review Vladimir Zelensky's personnel decisionsRead moreUkrainian agriculture to suffer most from country's port closure — expertAlexander Dudchak said that recently grain terminals in Ukrainian ports reduced their operations by about a third, and cargo transshipment volumes began to decline sharplyRead moreFACTBOX: Key takeaways from the Lavrov-Rubio meetingThe Russian foreign minister reaffirmed Russia's readiness to settle the conflict in Ukraine and its commitment to the agreements reached in AnchorageRead moreLavrov refutes Kiev’s lies about situation at front to Rubio — MPThe Russian foreign minister also confirmed the readiness of the Russian side for negotiationsRead moreUS lawmaker points to attempts to set people of Russia, US against each other — lawmakerUS Congress member Anna Paulina Luna stressed that сlaims about Russia’s interference in the US presidential election were disseminated in the United States as part of a political campaignRead moreEU expands sanctions against Russian financial and banking sectorsThe Council is imposing asset freezes and a prohibition to make funds available to 94 banks and major financial institutions, as well as to an important figure in Russia’s banking establishmentRead moreUkrainian attack wounds four in Belgorod RegionA man in serious condition with multiple shrapnel wounds is being transported to hospitalRead moreCongressional approval of new anti-Russian sanctions not inevitable — lawmakerAnna Paulina Luna noted that "Congress members often put forward legislation mainly as messaging, but it doesn't necessarily mean that it's going to be voted on"Read moreEU blacklists manufacturers of Russian drones Gortenzia and VeterokThe measures against Russia’s defense industry were imposed as part of the European Union’s 21st package of anti-Russian sanctionsRead moreUkrainian counterattack by ex-convicts fails in Kharkov Region — Russian defense sourceMore than half of the Ukrainian nationalists were eliminated by Russian strikes, the source saidRead moreUkraine's security services try to trick Russia into striking civilian sites-intel officerA military intelligence officer cited as an example the received coordinates of a target in Zaporozhye transmitted by the Ukrainian security services several days agoRead moreEU blacklists Gazprom Media Holding CEO ZharovThe sanctions against Alexander Zharov are justified by his company’s activities, which allegedly helps to form opinions about the conflict in UkraineRead moreEU’s 21st package of anti-Russian sanctions blacklists 15 Chinese firmsThe blacklist also includes three companies from Turkey, three from Kyrgyzstan, two from Kazakhstan, two from the United Arab Emirates and one from IndiaRead moreBlasts heard in several Iranian cities, Qeshm Island — agencyOther details are unknown at this pointRead moreIDF to deal 'crushing blow' to Iran, if it attacks Israel — YnetDefense Minister Israel Katz stressed that Israel is ready for any development of eventsRead moreTrump believes Iran not ready for deal, thus US must continue combat operationsIranians "got some evil intentions," the US president said Read moreSCO to grant partner status to 17 countries — Russian foreign ministerSergey Lavrov said that current dialogue partners and observers will be merged into a single SCO partner categoryRead moreRussian troops liberate Belitskoye community in Donetsk region over past day — top brassThe Ukrainian army lost roughly 1,420 troops in battles with Russian forces in all the frontline areas over the past 24 hoursRead morePutin inspects MS-21-310 passenger aircraft at Irkutsk Aircraft PlantDuring the visit, Rostec CEO Sergey Chemezov informed the Russian president that the first fully import-substituted serial MS-21-310 is nearing readiness for its maiden flightRead moreWildberries warehouses in Russia targeted again in overnight Ukrainian drone attacksLeningrad Region Governor Alexander Drozdenko said three people were injuredRead moreRussian Armed Forces liberate Belitskoye in DPR: what's knownThe Russian Armed Forces are conducting measures to search for and eliminate Ukrainian soldiers still hiding in the basementsRead moreRussian ambassador explains special military op rationale, aims to Czech foreign ministerAccording to Anna Ponomaryova, appeals for the "end of the war" are baffling, coming from a high-ranking official of a country that is actively producing weapons and supplying them to the conflict zone for UkraineRead moreSituation with Middle East conflict getting out of control — UN secretary-generalAntonio Guterres said that "it is time to step back", noting that "there is no military solution to the conflict"Read moreEU imposes sanctions on three oil refineries in Russia and one in BelarusThe EU is also imposing a ban on transactions with a Georgian refinery allegedly involved in trading and refining Russian oilRead morePress review: Zelensky gives army chief the heave-ho and US, Saudi Arabia tie nuclear knotTop stories from the Russian press on Thursday, July 23rdRead moreUkraine tries to prevent Russia evacuating citizens from Konstantinovka — officerThe deputy commander said the enemy fires back at the civilian population while the evacuation is underwayRead moreUkraine's losses from port shutdown estimated at $2 bln per monthAn alternative export route runs through Romanian ports, but its capacity is limitedRead moreEC acknowledges EU failed to ban entry for participants in Russia's military operationThe European Commission president made no mention of the ban on transporting Russian liquefied natural gas to third countriesRead moreRussia should exploit US dualism on Ukraine to its advantage — KremlinDmitry Peskov noted that Moscow takes into account the fact that Washington continues to arm UkraineRead moreForeign mercenaries threw grenades at Kursk residents — Investigative CommitteeAccording to Alexander Bastrykin, there is no reasonable explanation for this behaviorRead moreEU blacklists Inter RAO energy companyNaming the reasons for sanctioning Inter RAO, EU officials said that it s one of Russia’s largest energy companies with around 19 million consumers, and that it plays a significant role in Russia’s economyRead moreLavrov wants clarifications regarding Rubio’s remark about 'failed' Anchorage agreementsSergey Lavrov recalled that Russian President Vladimir Putin had brought US proposals approved by American leader Donald Trump and accepted by Russia to the Alaska summitRead moreOne killed, three injured as Turkish cargo ship en route from Russia hit in Black SeaAccording to Oksijen newspaper, the attack occurred in international waters off the coast of Turkey's Samsun provinceRead moreRussia, Turkey discuss actions if Ukraine syphons off gasRead moreRosatom chief highlights China partnership, Arctic logistics, ZNPPAlexey Likhachev noted that Russia and China plan to double cargo transportation along the Northern Sea Route by 2030Read moreUkrainian missile attack on company kills six people in KirovGovernor Alexander Sokolov added that the fire at the enterprise had been extinguished and water and electricity supply restoredRead moreBank of Russia cuts key rate to 14% per annumAccording to the regulator, measures of underlying inflation remain within the range of 4-5% in annualized termsRead moreZelensky admits Ukraine not yet prepared for winterVladimir Zelensky said that it is crucial to step up the workRead moreLast night's Ukrainian attack on Russian regions one of year’s largest — TASS estimatesAccording to estimates, 571 Ukrainian drones were intercepted and neutralized over Russian regionsRead moreAt least 256 children killed by Ukrainian forces in DPR since 2014The republic’s human rights commissioner Darya Morozova added that a total of 1,076 children have been wounded in the reported periodRead moreRussia to seek adequate UN response to crimes of Ukraine’s military — Foreign MinistryDeputy Foreign Minister Alexander Alimov and Russian Commissioner for Human Rights Yana Lantratova placed special emphasis on the importance of deepening interaction and intensifying joint effortsRead moreZelensky confirms that ships cannot enter Ukrainian portsEarlier, Agrarian Policy and Food Minister Taras Vysotsky said that carriers had suspended operations with Ukrainian sea ports starting on July 22Read morePutin to hold meeting with lawmakers on July 27 — KremlinAccording to Spokesman Dmitry Peskov, the discussion is expected to focus on results of the work of the current convocationRead moreFACTBOX: Oil price cap freeze, bank restrictions in EU’s 21st sanctions packageThe EU has banned its banks from conducting cross-border transactions with 32 Russian banks, European Commission President Ursula von der Leyen saidRead moreTalks between Lavrov, Rubio have concluded, lasting more than half hourDuring the conversation, the parties planned to focus particular attention on the settlement of the conflict in UkraineRead moreIran targets three US military camps in Kuwait with drones — armyThe Iranian army delivered strikes on facilities housing military equipment of American terrorists at Camp Udairi, US troop positions at Camp Doha, and enemy deployment areas at Camp Arifjan in Kuwait, using Arash dronesRead moreTop US diplomat calls ICC 'stupid organization'According to Marco Rubio, the US will not tolerate it if the ICC attempts to take action against American citizens now or in the futureRead moreMinsk shares with Warsaw evidence of risk of terrorist attack — Belarusian MFAAccording to the statement, the primary target appears to be the underage children of a Polish activist with Belarusian citizenshipRead moreKiev rejects Alaska peace plan largely because it is emboldened by US assistance — Lavrov"Kiev's arrogant, even contemptuous, rejection of the American proposal largely occurs because Zelensky continues to be flooded with weapons," the Russian foreign minister said Read morePentagon blacklists 32 Russian research institutes, universities to 'protect US tech'The decision means that the Pentagon will not engage in research cooperation with those organizations it has placed on this listRead moreEU slaps several Russian gold mining companies with sanctionsThe blacklist also includes First Diamond Company, a diamond exporting company created in May 2022 by former Alrosa employeesRead moreDvorkovich suspends duties as FIDE chess federation presidentArkady Dvorkovich considers this decision unlawful and unfair, and this decision will be immediately challenged by all possible meansRead moreNew eurosanctions against Moscow to worsen EU’s economic situation again — Russian missionThe mission said that Moscow will give an effective and adequate responseRead moreIRGC Navy’s HQ in northern Iran comes under US attack — authoritiesAccording to preliminary information, no one has been reported injured in the attackRead moreRussian diplomat calls on Musk to cut Ukraine off from StarlinkElon Musk earlier said he was "offended" by diplomats who "pontificate about how Russia should withdraw"Read moreCombat trainer aircraft crashes in Moscow Region — Russian Defense MinistryThe flight was carried out without ammunitionRead moreUS Congress delegation to visit Russia in fall or winter — US lawmaker Luna to TASSAnna Paulina Luna didn't give specific dates because of security reasonsRead moreHumanity in for all-time high oil prices — DmitrievThe energy crisis tsunami is coming, Russian Presidential Special Representative for Investment and Economic Cooperation with Foreign Countries said Read moreNearly 1,500 killed in Ukrainian attacks across Russia since 2022 — top investigatorAlexander Bastrykin said the cases document artillery and missile strikes, drone attacks, and cross-border incursions carried out by Ukrainian nationalistsRead moreUS completes another wave of strikes on Iran — CENTCOMAccording to the statement, the strikes targeted Iranian military command centers, drone storage facilities, communication networks, coastal surveillance sites, and maritime capabilitiesRead moreEU says imposes sanctions against Russia’s central bank deputy chairmanWithin the Bank of Russia, Sergey Belov oversees the Cash Circulation Department, the Field Institutions Department, the Administrative Department, and the Russian Union of Cash Collection DivisionsRead moreFailure of information war against Russia forces US to revise approaches — expertSergey Grinyaev noted that the US and its allies had been unable to break the will of the Russian people or weaken the Russian leadershipRead moreRussia’s Battlegroup North destroys 24 Ukrainian drones in Sumy area over past dayAccording to the UAV company commander with the call sign Amur, the neutralized drones were used by Ukrainian forces for reconnaissance, fire adjustment, weapon targeting, and delivering strikesRead morePress review: US moves to tweak Ukraine strategy as EU rolls out new Russia sanctionsTop stories from the Russian press on Friday, July 24thRead moreWoman detained in Moscow for plotting to attack Russian security officer — FSBIt was established that the suspect had established contact with a curator on messengers to tell him that she is willing to take part in terrorist activity in exchange for assistance in departure for the permanent residence in an EU country, the FSB specifiedRead more